RAI announces 44th consecutive quarterly dividend

Reynolds American Inc. reported that shareholders had re-elected five directors at the company’s annual meeting yesterday; approved, on an advisory basis, the compensation of named executive officers; ratified the appointment of KPMG LLP as the independent registered public accounting firm for RAI’s 2015 fiscal year; and defeated two shareholder proposals.

In addition, RAI’s board of directors declared a quarterly cash dividend on the company’s common stock of $0.67 per share ($2.68 per share annualized). The dividend will be payable on July 1 to shareholders of record on June 10.

RAI said that this was the 44th consecutive quarterly cash dividend since RAI became a public company on July 30, 2004.