By Adria Calatayud

Shares in Sberbank Rossia (SBER.MZ) rose more than 6% in trading on Tuesday after the company's board doubled its 2017 dividend to 12 Russian rubles (19.33 U.S. cents) a share.

Last year, the Russian bank declared a dividend of RUB6.0 a share.

Shares at 1229 GMT were up 5.2% at RUB202.11.

Write to Adria Calatayud at adria.calatayudvaello@dowjones.comm

(END) Dow Jones Newswires

April 17, 2018 08:47 ET (12:47 GMT)