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Communications Sales & Leasing Inc (CSAL) engages in the acquisition and construction of mission critical communications infrastructure; and provision of wireless infrastructure solutions for the communications industry. It operates in two segments, Leasing and Consumer CLEC. It mainly focuses on acquiring and constructing fiber optic broadband networks, wireless communications towers, copper and coaxial broadband networks, and data centers. The company leases its distribution systems to Windstream Holdings on a triple-net basis following a long-term exclusive lease agreement. As of October 6, 2016, it owned 4.2 million fiber strand miles, 86 wireless towers, and other communications real estate throughout the United States and Mexico. The company qualifies as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Communications Sales & Leasing, Inc. was incorporated in 2014 and is based in Little Rock, Arkansas.

BB&T Corporation (BBT) recently declared the following regular quarterly dividends payable March 1, 2017, to shareholders of record at the close of business Feb. 10, 2017:

A dividend of $0.30 per common share

A dividend of $365.625 per share (equivalent to $0.365625 per depositary share or 1/1,000th interest per share) on BB&T’s Series D Non-Cumulative Perpetual Preferred Stock (NYSE:BBT PrD)

A dividend of $351.5625 per share (equivalent to $0.3515625 per depositary share or 1/1,000th interest per share) on BB&T’s Series E Non-Cumulative Perpetual Preferred Stock (NYSE:BBT PrE)

A dividend of $325.000 per share (equivalent to $0.325000 per depositary share or 1/1,000th interest per share) on BB&T’s Series F Non-Cumulative Perpetual Preferred Stock (NYSE:BBT PrF)

A dividend of $325.000 per share (equivalent to $0.325000 per depositary share or 1/1,000th interest per share) on BB&T’s Series G Non-Cumulative Perpetual Preferred Stock (NYSE:BBT PrG)

A dividend of $351.5625 per share (equivalent to $0.3515625 per depositary share or 1/1,000th interest per share) on BB&T’s Series H Non-Cumulative Perpetual Preferred Stock (NYSE:BBT PrH)

BB&T has about 809 million shares of common stock as of Dec. 31, 2016; 23 million depositary shares related to its Series D Non-Cumulative Perpetual Preferred Stock; 46 million depositary shares related to its Series E Non-Cumulative Perpetual Preferred Stock; 18 million depositary shares related to its Series F Non-Cumulative Perpetual Preferred Stock; 20 million depositary shares related to its Series G Non-Cumulative Perpetual Preferred Stock; and 19 million depositary shares related to its Series H Non-Cumulative Perpetual Preferred Stock.

BB&T has paid a cash dividend to shareholders of its common stock every year since 1903.

 

 

 

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