Reynolds American Board Declares Quarterly Cash Dividend
July 16 2009 - 1:48PM
PR Newswire (US)
WINSTON-SALEM, N.C., July 16 /PRNewswire-FirstCall/ -- The board of
directors of Reynolds American Inc. (NYSE:RAI) today declared a
quarterly cash dividend on the company's common stock of $0.85 per
share ($3.40 per share annualized). The dividend will be payable on
Oct. 1, 2009, to shareholders of record on Sept. 10, 2009. This is
the 21st 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 75 percent of the company's
current-year net income to shareholders in the form of dividends.
ABOUT US Reynolds American Inc. (NYSE:RAI) is the parent company of
R.J. Reynolds Tobacco Company, Conwood Company, LLC and Santa Fe
Natural Tobacco Company, Inc. -- R.J. Reynolds Tobacco Company is
the second-largest U.S. tobacco company. The company's brands
include five of the 10 best-selling cigarettes in the United
States: Camel, Pall Mall, Kool, Winston and Doral. -- Conwood
Company, LLC is the nation's second-largest manufacturer of
smokeless tobacco products. Its leading brands are Kodiak, Grizzly
and Levi Garrett. Conwood also sells and distributes a variety of
tobacco products manufactured by Lane, Limited, including
Winchester and Captain Black little cigars, and Bugler
roll-your-own tobacco. -- Santa Fe Natural Tobacco Company, Inc.
manufactures Natural American Spirit cigarettes and other
additive-free tobacco products, and manages and markets other
super-premium brands. Copies of RAI's news releases, annual
reports, SEC filings and other financial materials, including risk
factors concerning forward-looking statements, are available at
http://www.reynoldsamerican.com/. DATASOURCE: Reynolds American
Inc. CONTACT: Investor Relations: Morris Moore, +1-336-741-3116;
Media: Jane Seccombe, +1-336-741-5068, both of Reynolds American
Inc. Web Site: http://www.reynoldsamerican.com/
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