On 3/6/13, Reynolds American Inc (RAI) will trade ex-dividend, for its quarterly dividend of $0.59, payable on 4/1/13. As a percentage of RAI's recent stock price of $43.56, this dividend works out to approximately 1.35%, so look for shares of Reynolds American Inc to trade 1.35% lower all else being equal when RAI shares open for trading on 3/6/13.