PRAGUE, March 29 (Reuters) - Cigarette maker Philip Morris Czech Republic said on Tuesday it proposed to a pay a 1,260 crown ($72.50) per share gross dividend from 2010 profits, up from 780 crowns a share the previous year.
In an invitation to its annual shareholders meeting, the Czech group said net profit rose 13 percent year-on-year to 2.43 billion crowns in 2010.
The tobacco group is active in the Czech and Slovak markets and is majority owned by Philip Morris International.
(Reporting by Jason Hovet)
($1=17.38 Czech Crown) For main central European company news, double click on E.Europe hot stocks Related stories For real-time index quotes, double click in brackets: Warsaw WIG20 Budapest BUX Prague PX Keywords: CZECH PHILIPMORRIS/ (prague.newsroom@reuters.com; Reuters Messaging: jason.hovet.thomsonreuters.com@reuters.net; +420-224 190 476) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
In an invitation to its annual shareholders meeting, the Czech group said net profit rose 13 percent year-on-year to 2.43 billion crowns in 2010.
The tobacco group is active in the Czech and Slovak markets and is majority owned by Philip Morris International.
(Reporting by Jason Hovet)
($1=17.38 Czech Crown) For main central European company news, double click on E.Europe hot stocks Related stories For real-time index quotes, double click in brackets: Warsaw WIG20 Budapest BUX Prague PX Keywords: CZECH PHILIPMORRIS/ (prague.newsroom@reuters.com; Reuters Messaging: jason.hovet.thomsonreuters.com@reuters.net; +420-224 190 476) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.