Reynolds American declares quarterly cash dividend of US$0.63/common share, payable Oct. 1 to shareholders as of Sept. 10

WINSTON-SALEM, North Carolina , July 11, 2013 (press release) – Reynolds American Inc. (NYSE: RAI) announced today that its board of directors declared a quarterly cash dividend on the company’s common stock of $0.63 per share ($2.52 per share annualized).

The dividend will be payable on Oct. 1, 2013, to shareholders of record on Sept. 10, 2013.

This is the 37th consecutive quarterly cash dividend that Reynolds American has declared since it became a public company on July 30, 2004. RAI’s policy is to return about 80 percent
of the company’s current-year net income to shareholders in the form of dividends.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.