Russian stocks to rise 6 percent in 2014, dividends lure — Reuters

An outlook piece for Russian stocks in 2014 by Retuers

“Russian stocks trade at such a low multiple partly because of fears over corporate governance and treatment of minority shareholders,” said Bruce Bower, a partner at Moscow hedge fund Verno Capital. “The fact that companies are paying high dividends should go a long way to address this concern – it’s hard to argue with cash in the bank.”