Dec 13 (Reuters) - Mullen Group Ltd MTL.TO :
* ANNOUNCES BUSINESS PLAN AND INCREASE IN DIVIDEND FOR 2018
* BOARD HAS APPROVED A 67.0 PERCENT INCREASE IN ANNUAL DIVIDEND TO SHAREHOLDERS FROM $0.36 PER SHARE TO $0.60 PER SHARE
* SAYS BOARD APPROVED A CAPITAL BUDGET OF $40.0 MILLION FOR 2018
* SEVERAL PROJECTS SUCH AS KEYSTONE XL AND TRANS MOUNTAIN HAVE A VERY GOOD CHANCE OF PROCEEDING IN 2018
* EXPECT OILFIELD SERVICES SEGMENT WILL GENERATE SLIGHTLY IMPROVED RESULTS IN 2018
* -EXPECT OILFIELD SERVICES SEGMENT TO ACCOUNT FOR APPROXIMATELY 33.0 PERCENT OF MULLEN GROUP'S 2018 REVENUE