Sunday, November 1, 2009
10/4-10/10
Not much has happened as a cigarette industry as a whole, but the big talk of the stock market world is Reynolds American's big cash dividend. The company has raised its dividend 5 cents to now make it 90 cents per share. This dividend is showing the company's loyalty to its shareholders by giving them approximately 2/3 of their net income. This is showing a good choice on my part to make Reynolds American one of my top stocks to invest in. They are known to be one of the more concrete stocks to invest in, seeing as the cigarette industry can never go down too far as long as people still need to smoke. This is some very happy news for me as well as many other stock marketers in the cigarette industry.
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