Lorillard (NYSE:LO) Declares Quarterly Dividend


Dallas, Texas 08/27/2013 (Financialstrend) – Lorillard (NYSE:LO) declared quarterly dividends on Friday. Stockholders will be offered a dividend of $0.55 per scrip on September 10, which makes up a $2.20 dividend on a yearly basis as well as a yield of 5.22 per cent.

Lorillard Inc. (NYSE:LO): New blu eCigs Starter Pack Appeals To E-Cigarette Consumers’ Desire For Superior Performance And Ultra Portability

blu eCigs, the electronic cigarette firm widely acknowledged for its goods’ better style and superiority, has rolled out its innovative on-the-go rechargeable Starter Pack, an reasonably priced and suitable alternative for e-cig users.

Obtainable in retail shops at the moment, the novel blu eCigs(®) Starter Pack provides a lower value point for e-cig customers, offering up a distinctive alternative between disposable ones and best rechargeable packets. The blu eCigs Starter Pack boasts of the ease of car as well as laptop computer charging alternatives, a better battery management structure to guarantee long-term utilization, and an ultra-portable pattern, which is as large as a bunch of cigs and as thin as a smartphone.

Lorillard is the 3rd biggest maker of cigarettes in the U.S. markets the renowned product of Newport cigarettes that made up around 88% of sale figures during the last year (2012). They also possess the well known brands such as Maverick, Kent, True as well as Old Gold brand names.

Lorillard got hold of Blu E-cigs during April of the year 2012 that is the most important electronic cigarette firm in the nation.

Lorillard Inc.: Food and Drug Administration looking for a ban on online e-cig sales

The Food and Drug Administration (FDA) is looking for a ban on web sales of eCigs, as part of a package of rules the agency is preparing for more and more trendy devices.

Food and Drug Administration admonished in the year 2009 that e-Cigs could lead to health risks, and has been congregating with e-cigarette manufacturers this week to listen to their outlooks on its planned rules for the business.