Czech Philip Morris proposes div rise to CZK 780

Source from:  Reuters 03/31/2010

Czech tobacco group Philip Morris CR proposed a dividend of 780 crowns ($41.51) per share on 2009 profits, up from 560 crowns in the previous year, it said on Tuesday. Profit at the group, 78 percent owned by Philip Morris International, rose 40 percent last year to 2.15 billion crowns, it said in an invitation to its April 30 annual shareholders meeting. ($1=18.79 Czech Crown) Enditem