Reynolds American Declares Quarterly Dividend

Santa Fe Natural Tobacco Company, Inc. manufactures Natural American Spirit Cigarettes and other additive-free tobacco products. ...

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, or $3.40 per share on an annualized basis. The dividend will be payable on April 1, 2008, to shareholders of record on March 10, 2008.
This is the 15th consecutive quarterly cash dividend that Reynolds American has declaRed since it became a publicly traded 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. Since RAI began trading as a public company four years ago, the company's total shareholder return has exceeded 100 percent, far outpacing the return of the overall S&P 500.

 


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