Reynolds American Sets Dividend Policy
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Reynolds American Inc., the nation&#39;s second-largest cigarette maker, said Wednesday that its board approved a dividend policy of annually returning about 75 percent of net income to shareholders.
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Reynolds American Inc. RAI.N, the No.  2 U.S. cigarette maker, on Tuesday posted a quarterly profit,  compared with a year-earlier loss, helped by a restructuring  and cost savings following the merger that formed the company  last year.
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Salt Lake-based Nevada Chemicals Inc. said Thursday that its board of directors has approved a quarterly dividend of 8 cents per share of common stock.  The dividend is payable Oct. 6 to stockholders of record Sept. 22.
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HOUSTON, Feb. 26  /PRNewswire-FirstCall/ -- The board of directors of Westlake Chemical Corporation  on Friday declared a dividend of 4 cents per share, payable on March 20, 2007, to stockholders of record on March 5, 2007.
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Tobacco company Reynolds American Inc., reporting earnings for the first time since the combination of RJ Reynolds and the US operations of Brown &amp; Williamson Tobacco, posted a third-quarter profit of $339 million Monday.
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Anglo-US fund firm Amvescap has announced a 50 percent cut to its interim dividend but says it plans to return to a progressive dividend policy for 2005 onwards.
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LSB Industries on Monday said its board of directors will not declare a cash dividend on  outstanding shares of publicly held $3.25 convertible exchangeable Class C preferred stock, Series 2.  The preferred stock is traded over-the-counter under the symbol LSBD.
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Salt Lake-based Extra Space Storage Inc. said Friday that its board of directors has declared a quarterly dividend of 22.77 cents per share of common stock.  The dividend is payable June 29 to stockholders of record June 15.
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Business & money: Â· Lender tells shareholders that dividend is on hold  Â· Group of hedge funds is rumoured to be in talks
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Raytheon Co. said it plans to increase its dividend and repurchase $700 million in shares. The Waltham-based aerospace and defense giant increased its annual dividend 10 percent to 88 cents a share from 80 cents, starting with the first quarter of 2005. Raytheon said its board also authorized $700 million in share repurchases, which it expects to complete over 18 ...
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Investor's Business Daily - Mutual fund distributions of dividends and capital gains are headed up this year, and that could have a big impact on your taxes. Increases are expected to range from modest to strong, several fund families say.
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Preferred stock funds offer great dividends.
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The Penn Virginia limited partnership offers a dividend-based play on coal production.
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CHICAGO Hollinger International said Thursday it will distribute to shareholders $500 million in proceeds from the sale of The Daily Telegraph of London, with the first payout a $227 million special dividend.
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German shareholder says company should consider carving off loss-making American division.
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Investor's Business Daily - Dividend yields from U.S. diversified stock funds have been rising since 2003. That reverses a long trend of shrinking payouts.
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Over time, dividend payments represent a large fraction of investors' total returns.