BB&T is the elite financial holding company. They conduct business operations primarily through its commercial banking subsidiary, Branch Banking and Trust Company (Branch Bank). Branch Bank has offices in fourteen states. Operations are divided into seven business segments, community banking, sales finance, insurance and financial services to name a few. Since 1995, they have completed the acquisition of more than 35 community banks and thrifts, more than 85 insurance agencies, and 32 non-bank financial services companies.
BB&T currently pay their shareholders a solid $0.16 per share, which is a 2.86% dividend yield. They will increase their quarterly dividend soon and continue to do so on an annual basis. BB&T are financially sound and diversified. There is great upside potential with BB&T since they made various acquisitions during the aftermath of the Great Recession. They did not take on any risky loans during that time which should contribute to their rise in value and stability.
BB&T sells for $22.40, as of today. I believe this is at least a $30.00 stock within 6 months and will continue to rise. Make your first move your best move and pick up some BB&T tomorrow. Ride this one back to the levels of $40.00 with a $0.47 per share dividend.
Click here to visit their homepage, as well as here to visit their investor relations website. Feel free to watch the video below to learn more about BB&T's former CEO's business philosophies which are still very important to the company. BB&T is here to stay! Have a great remainder of the week.
No comments:
Post a Comment