Continental says to pay 2002 dividend

Newswire

FRANKFURT, Oct 31 (Reuters) - Tyre maker Continental said on Thursday it would pay a dividend in its full year despite warning that its 2002 net income could be weighed by pension underfunding costs. "We will be able to pay a dividend," said a spokesman for the company, which last year posted a net loss and did not pay a dividend. The company earlier posted nine-month core earnings which beat analysts' expectations.

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