RAI 2-for-1 Split

I got 27 shares of RAI at a cost basis of $72.15 per share in my Traditional IRA (W) account due to the LO and RAI merger and acquisition back in June. The stock had a 2-for-1 split at the end of August. I now have 54 shares of RAI at a cost basis of $36.08 per share. RAI has paid good dividends consistently for 11 years. I’m happy to have had LO and subsequently RAI in my portfolio. I hope this tobacco stock will continue to perform well.


Leave a Reply

Your email address will not be published. Required fields are marked *