BUZZ-Egypt's Palm Hills rises on first dividend, Q4 earnings beat

** Shares in Palm Hills, Egypt's second-largest listed property developer, rise 2.1 percent to 2.39 Egyptian pounds in weak overall market ** Board proposed company's first cash dividend, 0.15 Egyptian pound per share, plus bonus share issue of one for 20 ** Said "we are planning to return excess cash to shareholders with plans to distribute almost 30 percent from annual free cash flows in the form of cash dividend to shareholders or share buyback, depending on market conditions" ** Posted net p