Quarto Posts Rise In Profit, Raises Dividend

Quarto Group Inc posted a rise in its pretax profit for the year ended December 31 and lifted its final dividend by 9.6%. Quarto Group's adjusted pretax profit rose to $12.11 million, from $11.51 million in 2010. Its adjusted diluted earnings per share surged to 45.6 cents from 42.3 cents. Its revenue gained to $186.13 million from $176.41 million. Quarto Group's board recommended a final dividend of 4.55 pence a share.