BBT News and Press, Truist Financial From 08/09/19

Introduction This article series is designed to keep investors informed of upcoming dividend increases. For dividend growth investors, this can be an opportunity to start or add to positions prior to a new increased payout. This can be especially important for retirees who live on dividend c...

Investment Thesis SunTrust Banks ( STI ) delivered an okay Q2 2019. The bank should continue to perform well thanks to favorable demographic trends in its region of operation (U.S. Southeast and mid-Atlantic states). We like SunTrust’s announced acquisition of BB&T Bank ( BBT ) as...

Merger activity decreased last week with three new deals announced and ten pending deals closing. Deal Statistics: New Deals: The acquisition of Genomic Health ([[GHDX]]) by Exact Sciences Corporation ([[EXAS]]) for $2.8 billion in a cash-plus-stock deal. Under the terms of the ...

Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here . However, since this list is only produced once per month, the data in it can quickly get out of date. Fu...

On the supply side of the U.S. preferred stock market, issuers held off during July, waiting to see if the Fed was going to deliver the expected interest rate reduction on July 31 (which it did). On the demand side, expecting a rate drop, market participants had already bid up the price of e...

WINSTON-SALEM, N.C. , Aug. 1, 2019 /PRNewswire/ --  BB&T Corporation  (NYSE: BBT) announced today that it will redeem all outstanding shares of its 5.850 percent Series D Non-Cumulative Perpetual Preferred Stock (Series D Preferred Stock) and the corresponding depositary sha...

WINSTON-SALEM, N.C. , July 31, 2019 /PRNewswire/ --  BB&T Corporation  (NYSE: BBT) today announced it is decreasing its prime lending rate to 5.25 percent from 5.50 percent effective immediately. About BB&T BB&T is one of the largest financial services holding c...

That's right, we chose to sell Boeing ( BA ) out of John's Traditional IRA. Given the circumstances surrounding the grounding of the 737 MAX, I wrote about the decision to do this in the article, Why I Dumped Boeing - Even Though I Believe It Will Fly Again . As many of you are probably t...

WINSTON-SALEM, N.C. , July 30, 2019 /PRNewswire/ -- The Board of Directors of BB&T Corporation (NYSE: BBT) today declared a quarterly common stock cash dividend increase of $0.045 to $0.45 per share, payable Sept. 3, 2019 , to shareholders of record at the close of business ...

SunTrust ( STI ) and BB&T ( BBT ) shareholders approved the merger of the two banks at separate special shareholder meetings. More news on: SunTrust Banks, Inc., BB&T Corporation, Financial stocks news, Merger & acquisition news, Read more ...