UPDATE 2-Bridgestone raises 2005 dividend forecast

Newswire

(Recasts with announcement, updates stock price) TOKYO, Jan 31 (Reuters) - Bridgestone Corp. , Japan's top tyre maker, on Tuesday raised its dividend forecast to 24 yen from 20 yen for the year to December 2005, reflecting strong sales and improved sales prices. "We saw some impact from high raw material prices, but sales have been strong and sales prices have improved," a Bridgestone spokesman said. Bridgestone had most recently forecast a dividend of 20 yen for the business year that ...

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