M.Video is set to pay a record 60 percent of its net profit to shareholders as the 2012 dividend, says Vedomosti.

      The business daily refers to the decision by the board of directors which would give shareholders almost RUR 2.5 billion, or RUR 13.8 for a share.

      The move follows a failed merger with another electronics chain, Eldorado.

      Experts now forecast a higher investor interest to the company.