Reynolds Increases Dividend

Source from:  Tobacco Reporter 10/09/2009

The board of directors of Reynolds American today announced a 5.9 percent increase ($0.05 per share) in the company's quarterly cash dividend. "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. Enditem