MOSCOW May 25 Russian grid firm MRSK
may increase 2011 dividends for preferred shares by
40 percent, the company said in a statement late on Thursday.
The board of holding group for electricity grids covering
more than 2 million kilometres across Russia, recommended
shareholders to approve a payout of 0.07 roubles per each
preferred share in last year's dividends.
For 2010, MRSK paid 0.05 roubles per preferred share.
Shareholders are expected to approve the recommendation on
upcoming annual meeting on June 30.
Igor Sechin, Russia's former deputy prime minister, earlier
this month proposed merging MRSK with the Federal Grid Company
(FSK), operator of the country's largest electricity
transmission grid network.
(Reporting by Anastasia Lyrchikova, writing by Katya Golubkova)