Reynolds shares close down 1% at $45.80 on the day after trading as high as $46.49 and against a 52-week trading range of $35.65 to $46.93. It currently out-yields Altria Group Inc. (NYSE: MO) but that is because we are awaiting an Altria dividend hike any day now (one of the 12 big dividends left between now and the end of the year) and Reynolds saw its dividend hiked at the last payout in June.
JON C. OGG
Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.
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