Daimler cuts dividend as fourth-quarter Mercedes earnings take tariff hit
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STUTTGART (Reuters) - Daimler cut its dividend as fourth-quarter operating profit fell 22 percent as trade wars and rising costs for developing electric and self-driving cars hit profits at Mercedes-Benz cars, the company said on Wednesday.Daimler said the return on sales at Mercedes-Benz cars fell to 7.3 percent in the fourth quarter from 9.5 percent in the year-earlier period. This, combined with a cut in the dividend from 3.65 euros a share to 3.25 euros, disappointed analysts and sent shares..