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BRIEF-Melia Hotels to propose dividend, approves commercial paper program

May 5 (Reuters) - Melia Hotels International SA:

* Says to propose gross dividend of 0.1315 euros ($0.1443) per share which will be paid on July 11

* Says board resolved to approve and renew euro commercial paper program for up to 300.0 million euros Source text for Eikon:

Further company coverage: ($1 = 0.9112 euros) (Gdynia Newsroom)

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