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  • Stock Market News and Dividend Report for Fri Dec 31, 2010 0 comments
    Dec 31, 2010 6:33 PM | about stocks: JPM, BBT, BBY

     The Board of Directors of JPMorgan Chase & Co. (NYSE: JPM) declared a quarterly dividend of 5 cents per share on the outstanding shares of the corporation’s common stock. The dividend is payable on January 31, 2011, to stockholders of record at the close of business on January 6, 2011.

    JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. 
    The board of directors of BB&T Corporation (NYSE: BBT) declared the 2011 first-quarter dividend of $0.15 per common share. At this quarterly rate, the annual dividend is equivalent to $0.60 per common share. The dividend will be paid Feb 1, 2011, to shareholders of record as of Jan. 7, 2011. BB&T has paid a cash dividend to shareholders every year since 1903.
    BB&T Corporation (NYSE: BBT) is one of the largest financial services holding companies in the U.S. with more than $157.2 billion in assets and market capitalization of $16.7 billion, as of Sept. 30, 2010. 
    The board of directors of Best Buy Co., Inc. (NYSE: BBY) has authorized payment of a regular quarterly cash dividend of 15 cents per common share. The quarterly dividend is payable on January 25, 2011, to shareholders of record as of the close of business on January 4, 2011. 
    With operations in the United States, Canada, Europe, China, Mexico and Turkey, Best Buy is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. 
    For more information, visit
    Disclosure: No positions
    Investment Luncheon New York (NYSEARCA:NY) Event: Municipal Bond and Equity Investments on January 19, 2011. For more information, visit
    Stocks: JPM, BBT, BBY
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