Germany's Merck to raise dividend to 1.90 euros/share

FRANKFURT Fri Feb 28, 2014 8:25am EST

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FRANKFURT Feb 28 (Reuters) - German drugs and chemicals maker Merck KGaA announced on Friday plans to increase its dividend payment to shareholder to 1.90 euros per share for 2013 from 1.70 euros.

Analysts had on average expected in increase in the dividend to 1.91 euros per share, according to a Reuters poll. (Reporting by Maria Sheahan)