Hermes International (OTC:
HESAY) reported better-than-expected full-year profit and lifted its dividend by 33%.
Hermes will pay shareholders 2 euros a share on 2011 earnings, versus 1.50 euros per share, in the year-earlier period.
Hermes' full-year net income surged 41% to 594 million euros, beating analysts' estimates of 560 million.
Hermes shares closed at $32.36 yesterday.
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