MBT - Mobile TeleSystems: Diversify Your Dividend Income

• The Russian telecom giant has grown its dividend by an 8.21% dividend CAGR since 2011, currently yielding an attractive 12% dividend yield.
• The company has bought back almost 16% of the shares outstanding in the last five years through a rich share buyback program, creating significant shareholder value.
• Management seems to be on a path of creating a business ecosystem that is supposed to enable the company to grow itself beyond telecommunications.
• Mobile TeleSystems might be just the opportunity you were looking for to internationally diversify your dividend income portfolio.

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