MTS Trumping Emerging Peers on Dividend Appeal Russia Overnight

OAO Mobile TeleSystems (MBT) is trading at a premium versus its emerging-market peers for the first time since 2007 on prospects a new approach to dividends for the Russian phone company will deliver a more consistent payout. The company known as MTS, Russia’s biggest mobile provider by market value, climbed 2 percent Feb. 22 in New York, extending its advance in February to 4.6 percent, the steepest gain on the

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