Fresenius hikes dividend in new payout policy

FRANKFURT Tue Feb 26, 2013 1:29am EST

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FRANKFURT Feb 26 (Reuters) - German diversified healthcare group Fresenius SE & Co. proposed a dividend slightly above expectations, saying it had put in place a new payout policy linked to adjusted earnings per share growth.

The company said it would pay 1.1 euros ($1.45) per share, a touch above the 1.07 euros expected on average in a Reuters poll.

Adjusted net income in 2012 rose 22 percent to 938 million euros, ahead of the average estimate of 930 million euros in a Reuters poll.

($1 = 0.7567 euros) (Reporting by Ludwig Burger)