King said that if cutting the dividend proved necessary for the health of the bank, it would represent "the worse day in my 37-year banking career."
He said that any decision would be based on three main criteria: the status of its real-estate loan portfolio in coming months; the capital needed to take advantage of lower-cost deals in a post-financial-crisis environment; and how quickly it can pay back $3.1 billion in federal bailout money
Don't 'give up' Just do some research and 'look it up'
Always amazed at the plethora of mis statements and mis information about something so simple and straight forward as a dividend payment
From 2 clicks on BBT website.............. February 24, 2009 BB&T Corporation declares increase in dividend
WINSTON-SALEM, N.C. – The board of directors of BB&T Corporation (NYSE: BBT) today declared the 2009 second quarter dividend of $0.47 per share, a 2.2 percent increase over the $0.46 paid in the second quarter of 2008.
The dividend will be paid May 1 to shareholders of record as of April 10.