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· Rothmans B&H
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Jump to full article: Canadian Press, 2007-10-26
Author: The Canadian Press
Intro: Tobacco company Rothmans Inc. is hiking its quarterly dividend 16 per cent, to 35 cents a share, after second-quarter profit rose to $33.3-million from a year-ago $28.3-million.
Toronto-based Rothmans said Friday its earnings for the quarter ended Sept. 30 amounted to 49 cents a share, compared with 42 cents per share a year ago.
The company announced its regular dividend will rise to $1.40 on an annualized basis, from $120, while the quarterly payout rises to 35 cents from 30 cents.
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