Telefonica CR sets Sept 10 dividend record date

...in a statement on Tuesday.

The country's largest phone company had already proposed a 50 crown dividend per share on 2006 profits, up from 45 crowns paid the previous year.

"The dividend proposal will be submitted to the Supervisory Board of Telefonica O2 Czech Republic, which will review this proposal at its meeting on April 26, 2007," the statement said adding a dividend payment date of October 3, 2007 has also been proposed.

The fixed and mobile services company, majority owned by Spain's Telefonica , saw net profit rise 28.3 percent in 2006 to 8.02 billion crowns ($388.6 million).

Telefonica O2 CR shares closed down 0.65 percent on Tuesday at 612.1 crowns, slightly worse than the broad PX index , which eased 0.56 percent.