CEZ shareholders approve CZK 42 per share dividend, CTK reports
CEZ shareholders approve CZK 42 per share dividend, CTK reports PRAGUE, June 1 (Reuters) - Shareholders of Czech electricity producer CEZ CEZP.PR approved a dividend of 42 crowns per share on Monday, as proposed by management, CTK news agency reported.
The company will pay out 22.6 billion crowns, on the top end of the company's payout ratio of 60-80% of net profit adjusted for one-off influences.
(Reporting by Jan Lopatka and Jason Hovet)
((jan.lopatka@thomsonreuters.com; +420 234 721 614; Reuters Messaging: jan.lopatka.thomsonreuters.com@reuters.net))
Recent news on CEZ as
See all newsBrief: CEZ will build 750 MWh pump-storage plant at Orlik water dam, CTK reports
Brief: European Commision ends foreign aid probe of Czech nuclear deal, continues state aid investigation
CEZ shareholders approve carving out distribution as lead-up to sale, share buyback
Brief: CEZ shareholders approve carving out distribution, other assets
CEZ shareholders approve CZK 42 per share dividend, CTK reports