Automaker Daimler sees record profit for year, ups dividend

February 4, 2016 6:45 AM

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FRANKFURT, Germany – German car and truck maker Daimler AG is reporting record profits for last year as sales of the company's luxury cars rose despite a troubled global economy.

The company is raising its dividend to 3.25 euros ($3.60) per share, from 2.45 euros, and will be soon be sending fat profit-sharing checks of 5,650 euros ($6,215) per eligible worker, also a record high.

Also read: Unilever net profit soars in first half of 2017

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