Skip navigation
Newswire

DaimlerChrysler not yet decided on 2003 dividend

FRANKFURT, Jan 29 (Reuters) - German automaker DaimlerChrysler said on Thursday it had not yet decided on its dividend proposal for 2003.

The statement followed a report by German news agency VWD, which quoted supervisory board sources as saying an unchanged dividend of 1.50 euros was likely.

"We have as yet made no decision on the dividend for 2003," said a DaimlerChrysler spokesman.

The company is due to announce its dividend proposal next Wednesday, when it will also publish key profit figures for 2003. As reported by Reuters, many analysts expect the group to hold its 2003 dividend steady at 1.50 euros as cashflow remained healthy last year. DaimlerChrysler shares were trading down 1.0 percent at 1311 GMT, roughly in line with their peers

For a poll on DaimlerChrysler results, please click on [nL28432315]