Czech Orco eyes 40 pct rise in dividend
PRAGUE, March 27 (Reuters) - Czech real estate developer Orco Property Group (ORCO.PA: Quote, Profile, Research) (ORCOsp.PR: Quote, Profile, Research) said on Thursday it proposes to raise the dividend from last year's profits by 40 percent to 1.4 euros per share.
The company said net profit fell to 87.5 million euros last year from 96.7 million in 2006, and below its end-January estimate of more than 100 million. (Reporting by Martin Dokoupil; editing by Rory Channing)
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