BB&T Corporation Series H Non-Cumulative Perpetual Preferred Stock
By: Tim McPartland,
Date Issued 3/3/2016
Shares Issued 17,000,000 Overallotment Shares 2,550,000
S&P Rating BBB Moodys Rating Baa2
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Security Ticker Symbol BBT-H OTC Temp Ticker BBTTP
Market Traded ON NYSE
Dividend Payment Paid on the 1st of March, June, September and December beginning on June 1, 2016
Quarterly Dividend .352 Annual Dividend 1.406
Securities may be redeemed, at the issuers option, as early as 06/01/2021 for a redemption price of $25/share plus accrued dividends
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Dividend Payment Will Likely be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for BB&T Bank
Below you can find the offering Prospectus and Final Pricing Document
Tim McPartland
Connect with Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
