UPDATE 4-Sunny outlook, high dividend boosts MAN AG shares

Newswire

(Rewrites with more management comments, detail) By Christiaan Hetzner MUNICH, Germany, Feb 17 (Reuters) - German industrial group MAN AG posted weaker than expected fourth-quarter profits on Thursday but its shares rose after it unveiled a 40 percent dividend increase and forecast higher 2005 earnings. Europe's third-largest truckmaker proposed a 2004 dividend of 1.05 euros per share, up from 0.75 euros per share the previous year, and said profit should rise by a double-digit ...

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