BB&T Corp.'s Board of Directors has declared a second quarter2001 dividend of 23 cents a share, up from the dividend of 20 centsa share paid in the same quarter a year ago. BB&T said it hasincreased its quarterly cash dividend payments for 28 consecutiveyears. The latest dividend will be paid May 1 to shareholders ofrecord as of April 13.
Based in Winston-Salem, N.C., BB&T operates 888 banking officesin the Carolinas, Georgia, Virginia, Maryland, West Virginia,Tennessee, Kentucky and Washington, D.C. The company has thousandsof shareholders in West Virginia because of its purchase of OneValley Bancorp last year.
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