Reynolds American Inc. said yesterday that its board of directors had approved a 6.8 percent increase in the quarterly cash dividend on the company’s common stock, taking it from $0.59 per share ($2.36 per share annualized) to $0.63 per share ($2.52 per share annualized). The dividend will be payable on July 1 to shareholders of [...]
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Consumers squeezed by higher gas prices and an increase to the payroll tax led Reynolds American Inc. to report a sharp drop in cigarette volumes in the first quarter. “Overall, the external environment remained challenging,” President and CEO Daniel Delen said. “Industry cigarette volumes were negatively impacted by higher energy prices, the expiration of the payroll-tax [...]
When the three major U.S. tobacco companies report their first-quarter results this week, investors can find comfort in two themes that have remained consistent for years: Cigarette volumes will fall, but profits will rise, according to a story in The Wall Street Journal. For the past three years, cigarette volumes have dropped around 3 percent to [...]
Reynolds American Inc. is due to host a conference call and webcast following the release of first-quarter 2013 financial results before the market opens on April 23. The company’s president and CEO, Daniel M. Delen, its CFO, Thomas R. Adams, and its vice president of investor relations, Morris L. Moore, will speak during the conference [...]
Reynolds American Inc. has been awarded membership in the 2012-2013 Dow Jones Sustainability North America Index, effective Sept. 24, 2012. This is the fifth consecutive year that the company has been recognized this way. Reynolds American is one of 140 North American companies on the index, which is used by many investment portfolio managers when [...]