Czech Philip Morris approves CZK 820/share dividend

PRAGUE, April 25 Fri Apr 25, 2014 6:47am EDT

PRAGUE, April 25 (Reuters) - Shareholders of tobacco firm Philip Morris Czech Republic approved on Friday paying out a 820 crown dividend per share from 2013 profit and retained earnings, the company said.

The company will also pay 60 crowns per share from a dissolved reserve fund.

Last year the Czech cigarette maker paid a dividend of 900 crowns per share.

Consolidated net profit dropped by 8.8 percent to 2.23 billion crowns, putting earnings per share at 811 crowns. (Reporting by Robert Muller)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.