Barclays Capital upgraded BB&T to equal weight on February 3rd 2012 and set a price target of $34 a share. Analysts are expecting BB&T to increase its dividend and are expecting income growth and reduced expenses in 2012.
BB&T has a dividend yield of 2.2% and has been paying dividends since 1934. BB&T cut its dividend in 2010 but resumes its tradition of dividend increases in 2011. BB&T's payout ratio is 41%.