Tue, Mar 3, 2015, 10:03 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

BB&T Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • matollionequay matollionequay Jan 22, 2009 6:48 PM Flag

    Standing firm on dividend

    You are correct. He emphasized the "strategy" which didn't get me too excited. The second speaker ended his comments with much more of a commitment to the current level(this is when I pulled the trigger for 2k shares at 18.06; the confim says 11:35am). When KK got the first question which was about the dividend, he didn't back off. The follow-up tried to link the dividend to an estimate of the unemployment rate which KK did not go for. He stood his ground saying things would have to go worse from here to effect the dividend.
    He emphasized that BBT is owned by the retail investor who is counting on the dividend and he, KK, intends to meet that expectation. KK is obviously no fool. He knows what's going on in the economy, he's aware of the trend, certainly aware of the criticism he'll face if he has to reduce it later, and he's taking a stand to hold the 1.88 dividend. I was impressed.

 
BBT
38.17-0.23(-0.60%)Mar 3 4:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Ambarella, Inc.
NASDAQTue, Mar 3, 2015 4:00 PM EST
Springleaf Holdings, LLC
NYSETue, Mar 3, 2015 4:02 PM EST