Published:
Reynolds American Board Declares Quarterly Cash Dividend
WINSTON-SALEM, N.C., July 18 /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, 2008, to
shareholders of record on Sept. 10, 2008.
This is the 17th 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.
ABOUT US
Reynolds American Inc. (NYSE: RAI) is the parent company of R.J. Reynolds
Tobacco Company; Conwood Company, LLC; Santa Fe Natural Tobacco Company, Inc;
and R.J. Reynolds Global Products, 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
inthe United States: Camel, Kool, Pall Mall, 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.
-- R.J. Reynolds Global Products, Inc., directly or through others,
manufactures, sells and/or distributes American-blend cigarettes, including
Natural American Spirit, and other tobacco products to a variety of customers
in selected markets outsidethe United States.
Copies of RAI's news releases, annual reports, SEC filings and other
financial materials are available at www.ReynoldsAmerican.com .
SOURCE Reynolds American Inc.
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