Reynolds Lifts Dividend, Now Yields 5.5%

Many Americans might hesitate to admit it, but tobacco is one of this country's longest-surviving industries. Legislation, heavy excise taxes, class-action suits and higher consciousness about smoking's ill effects on health have failed to send the product the way of the dodo. Reynolds American (RAI), born in 1875 and formerly known as R.J. Reynolds, is ample proof. As the stock market chokes in correction, the cigarette and loose-leaf purveyor is