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Daimler AG

Daimler pays bigger bonuses, dividend after record year

German car and truck maker Daimler has reported record profits for last year as sales of its luxury cars rose despite a troubled global economy.

And that means more cash for investors and workers.

The company is raising its dividend to 3.25 euros ($3.60) per share, from 2.45 euros. It will also pay profit-sharing of 5,650 euros ($6,215) for each of the 125,000 eligible workers in Germany, with the money to appear in their April paychecks.

Last year, workers got 4,350 euros in profit-sharing.

While it was a good full year, fourth-quarter earnings missed analyst estimates and the company issued a cautious outlook for 2016, saying that operating profits would only...