Moscow's dividend yield is highest among markets but investors are not biting
Moscow
THE world's most generous dividends are going a-begging as the strongest quarterly rally since 2012 in emerging markets leaves Russian stocks behind.
Investors are ignoring an estimated payout of 5.3 per cent in the next 12 months as they dump Moscow-listed shares on concern the US won't ease sanctions on Russia as quickly as previously expected.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Japan’s Asics to spin off popular Onitsuka Tiger sneaker business; shares rise
CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
The returnees: Inside China’s AI talent reversal