New book by Larry Connors Click here Improve your trading - See how
The new quarterly dividend on the company's common stock is $0.90 per share ($3.60 per share annualized). The board declared the dividend payable on Jan. 4, 2010, to shareholders of record on Dec. 10, 2009.
"I am very pleased to announce this dividend increase, which reflects the continued strength of our business," said Susan M. Ivey, RAI's chairman, president and chief executive officer. "The increase reaffirms our commitment to shareholders and maintains our policy of returning about 75 percent of the company's net income to our shareholders in the form of dividends."
This is the 22nd consecutive quarterly cash dividend that Reynolds American has declared since it became a public company on July 30, 2004.
Web Disclosure
Starting Jan. 1, 2010, RAI's Web site, www.ReynoldsAmerican.com, will be the primary source of publicly disclosed news about RAI and its operating companies. In this way, RAI will comply with its disclosure obligations under SEC Regulation FD. Those wishing to stay on top of company news should sign up for e-mail alerts by going to Shareholder Tools in the Web site's Investors Section.
ABOUT US
Reynolds American Inc. (NYSE: RAI | Quote | Chart | News | PowerRating) 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 www.ReynoldsAmerican.com.
SOURCE Reynolds American Inc.
http://www.ReynoldsAmerican.com
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.