Reynolds American Inc. (RAI) said Thursday that its board of directors approved an increase of 6.8% in the quarterly cash dividend on the company's common stock to $0.63 per share from $0.59 per share.
The dividend will be payable on July 1 to shareholders of record on June 10.
The company also said that at their annual meeting, its shareholders re-elected four directors, approved, on an advisory basis, the compensation of named executive officers, ratified the appointment of KPMG LLP as the company's independent auditors for the fiscal year 2013 and defeated the sole shareholder proposal.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.