* Revenue falls 5 pct
* Raises quarterly dividend by 6 pct
Feb 22 (Reuters) - Canadian frozen seafood processor High Liner Foods’s fourth-quarter profit nearly halved, hurt lower sales in its domestic market.
However, the company raised its quarterly dividend by 6 percent to 9 Canadian cents a share.
For the quarter ended Jan. 1, net income fell to C$2 million, or 13 Canadian cents a share, from C$3.8 million, or 21 Canadian cents a share, last year.
Sales fell 5 percent to C$140.7 million, with sales in Canada falling 7 percent to C$71.7 million.
Sales were also hurt by a stronger Canadian dollar, which appreciated 5.7 percent against the U.S. dollar last year and has hovered around parity with the greenback so far this year.
Shares of Nova Scotia-based company were trading nearly flat at C$16.47 on Tuesday on the Toronto Stock Exchange. (Reporting by Aftab Ahmed in Bangalore; Editing by Anne Pallivathuckal)