10:26 AM EST - Tim Hortons Inc. : announced the Board of Directors has approved a 31% increase in the quarterly dividend to $0.17 per common share. Earnings increased to $377.1 million, or $2.30 per share, up from a profit of $91 million, or 51 cents per share, in the comparable quarter of last year. Sales slipped to $437 million from $464.6 million. Tim Hortons Inc.
shares T.THI are trading up $0.34 at $41.79.
