BB&T declared Tuesday a 16 cents per common share dividend for the second quarter. The Winston-Salem bank will pay the dividend on May 1 to shareholders of record on April 9.
The dividend gives the bank's stock, which is trading near $30 per share, a yield of about 2 percent. That puts it relatively high relative to its peers.
Of major banks with a Charlotte presence, First Citizens is paying a higher dividend, at 30 cents. But since its stock is trading near $175 per share, that gives it a much smaller yield.
Other banks with in the area that are paying dividends:
- SCBT: 17 cents
- Wells Fargo: 12 cents
- Fifth Third: 8 cents
- SunTrust: 5 cents
- Bank of America: 1 cent
- Citizens South: 1 cent