Seeking Alpha

BB&T plans "conservative" dividend increase; no buyback

  • Announcing approval from the Fed of its capital return plan, BB&T (BBT) says to look for a "conservative" boost to its quarterly dividend. No plans to repurchase shares are mentioned. The bank expects to make a more specific announcement at the board's next scheduled meeting on April 29.
  • Shares -0.5% AH
  • Press release
  • Full CCAR results
  • Previous coverage
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