Reynolds American (RAI) Increases Dividend Payout Policy Target
Reynolds American (NYSE: RAI) announced that they are boosting their dividend payout policy from 75% to 80% of CY10 net income.
“The increase in our target payout ratio reflects the confidence both RAI’s management and its board have in the business strategies that RAI and its operating companies have in place,” said Susan M. Ivey, RAI’s president and CEO.... Read more
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