Reynolds American (RAI) Raises Quarterly Dividend 16.7% to $0.42; 3.5% Yield

Reynolds American (NYSE: RAI) declared a quarterly dividend of $0.42 per share, or $1.68 annualized. This is a 16.7% increase from the prior dividend of $0.36.

The dividend will be payable on April 1, 2016, to stockholders of record on March 10, 2016, with an ex-dividend date of March 8, 2016.

The annual yield on the dividend is 3.5 percent.

For a dividend history and other dividend-related data on Reynolds American (RAI) click here.

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