BB&T Corporation operates as the holding company for Branch Banking and Trust Company that provides banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals in the United States.
BBT is a dividend aristocrat as well as a component of the S&P 500 index. It has been increasing its dividends for the past 37 consecutive years. From the end of 1999 up until September 2008 this dividend stock has delivered an annual average total return of 3.60 % to its shareholders. The stock has gained about 12% so far in 2008.
Disclosure: I do not own shares of BBT
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