Reynolds American Board Declares Quarterly Cash Dividend; Elects New Director
directors of Reynolds American Inc. (NYSE: RAI) today declared a quarterly
cash dividend on the company’s common stock of
share annualized). The dividend will be payable on
shareholders of record on
This is the 18th consecutive quarterly cash dividend that Reynolds
American has declared since it became a publicly traded company on
current-year net income to shareholders in the form of dividends.
Also during today’s meeting,
RAI board as a designee of Brown & Williamson Holdings, Inc. (B&W). Durante,
the current chief operating officer of British American Tobacco p.l.c. (BAT),
officer of BAT, who resigned from the board today. Through its B&W indirect
subsidiary, BAT is RAI’s largest shareholder, with an ownership interest of
about 42 percent. With Durante succeeding
will continue to have 13 members, including five B&W designees.
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
— Conwood Company, LLC is the nation’s second-largest manufacturer of
smokeless tobacco products. Its leading brands are Kodiak, Grizzly and
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 outside
Copies of RAI’s news releases, annual reports, SEC filings and other
financial materials are available at http://www.ReynoldsAmerican.com
SOURCE Reynolds American Inc.