Vimpelcom to pay dividend as confidence picks up

* Proposes 190.13 roubles per common share, $0.32 per ADS

* Flags confidence in Vimpelcom's financial position

* Vimpelcom stock rises 4 percent

(Adds analysts' comment, share price move, background)

By Maria Kiselyova MOSCOW, Nov 2 (Reuters) - Russian mobile telecoms operator Vimpelcom (VIP.N) is to pay out $324 million in interim dividends in a move which analysts said signalled the group's growing confidence in its financial strength amid improved capital markets and the end of a long-running shareholder war.

Vimpelcom, whose last full-year dividend was for 2007, said on Monday its board had recommended paying an interim dividend of 190.13 roubles ($6.55) per common share or $0.32 per American depositary share (ADS).

Analysts said the move showed financial markets were becoming easier to access and the group's management was gaining confidence that the Russian economy is becoming less of a threat to growth.

"It is an indication that the company is financially stable. Tensions between shareholders have abated, the worst apprehensions were not realised and the company may now loosen its tightened financial policy," Uralsib analyst Konstantin Chernyshov said.