DUBAI, Feb 20 (Reuters) - Mobile operator Ooredoo Kuwait OORE.KW raised its dividend for 2015 despite swinging to a fourth-quarter net loss on Saturday, according to Reuters calculations, resuming a lengthy earnings slump.

The subsidiary of Qatar's Ooredoo ORDS.QA competes domestically with Zain ZAIN.KW and Saudi Telecom 7010.SE affiliate Viva. It recorded higher earnings in the third quarter but has still reported falling profits in 12 of the previous 16 quarters.

Ooredoo Kuwait made a net loss of 1.4 million dinars ($4.7 million) in the three months to Dec. 31, Reuters calculated in lieu of a quarterly breakdown, based on the company's annual earnings statement.

This compares with breaking even in the same period of 2014.

Ooredoo Kuwait, which also has operations in Algeria, Tunisia, the Maldives and the Palestinian Territories, said in a statement its board had recommended paying an annual cash dividend of 0.1 dinar per share for 2015.

This compares with a cash payout of 0.070 dinar per share for 2014. urn:newsml:reuters.com:*:nL5N0VX1QS

The operator's 2015 profit was 26.7 million dinars, down from 45.7 million dinars in 2014, the statement said.

Full-year revenue was 718 million dinars, down 4 percent on a year earlier, with the company citing foreign exchange losses for the decline.

Its customer base stood at 24 million at the end of 2015, up 3 percent year on year, the statement added.

($1 = 0.2990 Kuwaiti dinars)

(Reporting By Noah Browning; Editing by Susan Fenton) ((noah.browning@thomsonreuters.com;))

Keywords: OOREDOO KUWAIT/RESULTS