Tomorrow the Fed. will allow a few banks to raise their dividend. BB&T will surely be one of them. How much will the dividend be raised and what will the stock do????
Already @ 30% of anticipated earnings for '11. If all goes well, may increase a nickle a quarter in '12.
I won't guess an amount but I will guess that we won't hear anything about a dividend raise before June which has historically been the month they announce increases. They've also announced the May dividend already.
My guess, if it is raised, it will not be near as high as the raise CEO-KK got. Common share holders always come up on the short end.