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Reynolds American board continues dividend streak
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Published: July 17, 2009
The board of directors of Reynolds American Inc. declared a quarterly cash dividend yesterday of 85 cents a share on the company's common stock.
The dividend will be payable on Oct. 1 to shareholders of record on Sept. 10.
This is the 21st consecutive quarterly cash dividend that Reynolds American has declared since it became a public company on July 30, 2004. Reynolds' policy is to return about 75 percent of the company's current-year net income to shareholders in the form of dividends.
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