Reynolds American announces quarterly cash dividend of US$0.67/common share, payable Oct. 1 to shareholders as of Sept. 10
Nevin Barich
WINSTON-SALEM, North Carolina
,
July 17, 2014
(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 $0.67 per share ($2.68 per share annualized).
The dividend will be payable on Oct. 1, 2014 to shareholders of record on Sept. 10, 2014.
This is the 41st 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.
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