Reynolds American Inc. said yesterday that its board of directors had declared a quarterly cash dividend on the company’s common stock of $0.63 per share ($2.52 per share annualized).
The dividend will be payable on Jan. 2 to shareholders of record on Dec. 16.
The company said that this was the 38th consecutive quarterly cash dividend that RAI had declared since it became a public company on July 30, 2004.