Posted AT 7:40 AM EST on 26/10/07
Rothmans hikes dividend
TORONTO — 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.
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