CEZ, a. s., an electricity generation company, engages in the production, distribution, trade, and sale of electricity and heat in Western, Central, and Southeastern Europe. The company operates through four segments: Generation, Distribution, Sales, and Mining. It operates two nuclear plants, sixteen hydroelectric plants, one combined cycle gas turbine plant, and eight fossil fuel plants in the Czech Republic. The company also operates various fossil fuel, hydro, wind, solar, gas, biogas, and biomass power plants in the Czech Republic; eleven wind power plants in Germany; and two fossil fuel plants and two hydroelectric plants in Poland. In addition, it is involved in the trade and sale of natural gas; mining of coal; quarrying and processing of construction aggregates and limestones; commodity trading business; and provision of energy services. Further, the company holds interest in the lithium ore mining project in Cínovec. CEZ, a. s. was incorporated in 1992 and is headquartered in Prague, the Czech Republic.
CEZ Dividend Announcement
• CEZ announced a annually dividend of $0.15 per ordinary share which will be made payable on 2023-08-16. Ex dividend date: 2023-06-29
• CEZ annual dividend for 2023 was $0.15
• CEZ's trailing twelve-month (TTM) dividend yield is -%
• CEZ's payout ratio for the trailing twelve months (TTM) is 239.93%
CEZ Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-06-29 | $0.15 | annually | 2023-08-16 |
2022-06-30 | $0.04 | annually | 2022-11-16 |
2021-07-01 | $0.06 | annually | 2021-08-17 |
2020-07-01 | $0.03 | annually | 2020-08-18 |
2019-07-01 | $0.02 | annually | 2019-08-28 |
CEZ Dividend per year
CEZ Dividend growth
CEZ Dividend Yield
CEZ current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing CEZ stock? Use our calculator to estimate your expected dividend yield:
CEZ Financial Ratios
CEZ Dividend FAQ
Other factors to consider when evaluating CEZ as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: CEZ's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CEZ publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CEZ distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CEZ are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: CEZ sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CEZ distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CEZ declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of CEZ's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CEZ's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.