Lorillard (LO) Declares $0.66 Quarterly Dividend; 3.7% Yield
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Lorillard, Inc. Announces Quarterly Dividend on Common Stock
May 14, 2015 12:00 PM EDTGREENSBORO, N.C., May 14, 2015 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest tobacco company in the United States, announced today the declaration of a quarterly dividend on its common stock in the amount of $0.66 per share. The dividend is payable on June 10, 2015 to stockholders of record as of the close of business on June 1, 2015.Â
As previously announced, on July 15, 2014, Lorillard and Reynolds American Inc. ("Reynolds") entered into a definitive agreement in which Lorillard agreed to be acquired by Reynolds in a cash-and-stock transaction. The transaction remains subject to regulatory... More
