Reynolds American Stock To Go Ex-dividend Tomorrow (RAI)
The ex-dividend date for Reynolds American (NYSE:RAI) is tomorrow, December 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 59 cents per share. At a price of $44.05 as of 9:30 a.m., the dividend yield is 5.4%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Reynolds American (NYSE: RAI) is tomorrow, December 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 59 cents per share. At a price of $44.05 as of 9:30 a.m. ET, the dividend yield is 5.4%. The average volume for Reynolds American has been 2.3 million shares per day over the past 30 days. Reynolds American has a market cap of $24.54 billion and is part of the consumer goods sector and tobacco industry. Shares are up 6% year to date as of the close of trading on Tuesday. Reynolds American Inc., through its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Reynolds American as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, reasonable valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Reynolds American Ratings Report. See our dividend calendar or top-yielding stocks list. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.