Reynolds American (RAI) Raises Quarterly Dividend 9.5% to $0.46; 3.5% Yield

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Reynolds American (RAI) Misses Q2 EPS by 3c; Narrows Outlook, Raises Div/Buyback

July 26, 2016 7:29 AM EDT

Reynolds American (NYSE: RAI) reported Q2 EPS of $0.58, $0.03 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.26 billion.

Reported EPS: Second quarter at $0.56, down 66.9 percent from prioryear quarter; first half at $3.05, up 45.2 percent from... More