BB&T Corporation (NYSE:BBT) Updates On Dividend Release Date


On 2016-07-26, BB&T Corporation (NYSE:BBT) confirmed the dividend disbursement of $0.3 a share to shareholders as on record 2016-08-12. The firm will release dividend on 2016-09-01 while ex-dividend date is reported to be 2016-08-10.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, BB&T Corporation (NYSE:BBT) paid a total of $0.3 per share in dividends. This figure stood at $0.3 a share in the same period a year ago indicating a deviation of 10.5263%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $39.267 on the stock. This figure is the average of recommendations offered by 14 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $47 and $34, respectively.

Taking the mathematical rating formula, the price for BB&T Corporation (NYSE:BBT) stands at 2.17. Earnings Review BB&T Corporation (NYSE:BBT) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $0.71.

Coming to the quarter ending on 2015-12-31, BB&T Corporation (NYSE:BBT) recorded EPS of $0.71. The reported numbers came lower than the analysts’ estimates of $0.65, demonstrating a miss of $0.06 as against reported figures.

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