E.ON Russia shares jumps in Moscow on dividend plans

In Hungary

E.ON Russia, controlled by Germany’s biggest utility, rose the most in 16 months in Moscow trading over plans to pay out all of last year’s profit as dividends. The shares gained as much as 9.4%, Bloomberg reported Friday. E.ON Russia recommended paying 29 kopeks a share for 2012, all of net income prepared to international standards, and 40% to 60% of earnings in coming years. The 2012 payout will be RUB 18.3 billion ($583 million), E.ON Russia General Director Maxim Shirokov said.

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