CEZ management proposes dividend of Kc52 per share

CEZ management proposes dividend of Kc52 per share

Prague, May 20 (CTK) - The management of the semi-state energy group CEZ has proposed to pay a dividend of 80 percent of last year's adjusted profit, corresponding to Kc52 per share and a total dividend of Kc28bn, CEZ spokesman Ladislav Kriz told CTK today.

The final dividend amount will be decided by the company's general meeting in June. Shareholders, the largest of which is the Czech state, can submit their own proposals.

Last year, CEZ paid a record dividend of Kc145 per share in line with the state's proposal, totalling Kc78bn. The current proposal, if approved, would result in the third highest dividend in the company's history, the same as in 2021.

hel/er