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Selvaag Bolig raises dividend

Selvaag Bolig ASA's board plans to pay a dividend of 2.00 Norwegian kroner per share for the first half of 2018.

Olav Selvaag, the company's acting CEO, said in a statement that the scheduled dividend is the highest half-year payout in the company's history.

The dividend for the second half of 2017 was 1.80 Norwegian kroner per share.

As of Aug. 14, US$1 was equivalent to 8.40 Norwegian kroner.