Reynolds American Stock To Go Ex-dividend Tomorrow (RAI)
The ex-dividend date for Reynolds American (NYSE:RAI) is tomorrow, June 6, 2013. Owners of shares as of market close today will be eligible for a dividend of 63 cents per share. At a price of $48.70 as of 9:30 a.m., the dividend yield is 5.2%.
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, June 6, 2013. Owners of shares as of market close today will be eligible for a dividend of 63 cents per share. At a price of $48.70 as of 9:30 a.m. ET, the dividend yield is 5.2%. The average volume for Reynolds American has been 1.9 million shares per day over the past 30 days. Reynolds American has a market cap of $26.75 billion and is part of the consumer goods sector and tobacco industry. Shares are up 18% 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 operates through RJR Tobacco, American Snuff, and Santa Fe segments. The company has a P/E ratio of 18.2, above 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 compelling growth in net income, notable return on equity, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Reynolds American Ratings Report. See our dividend calendar or top-yielding stocks list. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..