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 www.ReynoldsAmerican.com.
SOURCE Reynolds American Inc.
