BB&T Corporation Declares 15-Cent Fourth-Quarter Dividend

WINSTON-SALEM, N.C., Aug. 24 /PRNewswire-FirstCall/ -- The board of directors of BB&T Corporation (NYSE: BBT) today declared the 2010 fourth-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 Nov. 1, 2010, to shareholders of record as of Oct. 15, 2010. The company has approximately 693 million shares outstanding. 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 $155.1 billion in assets and market capitalization of $18.2 billion, as of June 30, 2010. Based in Winston-Salem, N.C., the company operates approximately 1,800 financial centers in 12 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by J.D. Power and Associates, the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at www.BBT.com. More information about BB&T Corporation is available at www.BBT.com/About.

SOURCE BB&T Corporation

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