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Author: MacGruff Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 274  
Subject: 25% increase in dividend Date: 3/18/2012 3:29 PM
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BB&T is coming back quite nicely, having just announced a 25% increase in their dividend rate. Their rate goes from 16 cents per share to 20 cents per share. Still lower than it was before the swoon, but it's nice to see them starting to come back to life...

The announcement was made right after they were cleared by the latest fed "stress test" and I expect other banks will do the same, albeit not as high of a percentage.
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