March 3, 2014 / 10:19 AM / 4 years ago

Canadian auto parts maker Magna's profit jumps 31 pct

March 3 (Reuters) - Canada’s Magna International Inc , one of the world’s largest auto parts suppliers, posted a 31 percent jump in quarterly profit and raised its dividend.

Magna said net income attributable to the company rose to $458 million, or $2.03 per share, in the fourth quarter ended Dec. 31 from $351 million, or $1.49 per share, a year earlier.

Revenue rose 14 percent to $9.17 billion.

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