On 11/8/16, BB&T Corp.'s Series G Non-Cumulative Perpetual Preferred Stock (BBT.PRG) will trade ex-dividend, for its quarterly dividend of $0.325, payable on 12/1/16. As a percentage of BBT.PRG's recent share price of $25.41, this dividend works out to approximately 1.28%, so look for shares of BBT.PRG to trade 1.28% lower — all else being equal — when BBT.PRG shares open for trading on 11/8/16. On an annualized basis, the current yield is approximately 5.12%, which compares to an average yield of 5.51% in the "Financial" preferred stock category, according to Preferred Stock Channel.As of last close, BBT.PRG was trading at a 1.60% premium to its liquidation preference amount, versus the average premium of 4.94% in the "Financial" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. The chart below shows the one year performance of BBT.PRG shares, versus BBT: Below is a dividend history chart for BBT.PRG, showing historical dividends prior to the most recent $0.325 on BB&T Corp.'s Series G Non-Cumulative Perpetual Preferred Stock : According to the ETF Finder at ETF Channel, BB&T Corp. ( BBT) makes up 7.43% of the iShares U.S. Regional Banks ETF (IAT) which is trading relatively unchanged on the day Friday. In Friday trading, BB&T Corp.'s Series G Non-Cumulative Perpetual Preferred Stock ( BBT.PRG) is currently trading flat on the day, while the common shares ( BBT) are trading flat.