CEZ Dividend yield




   CZK/share 
 Price  926.00
 Dividend  52.04
 Earnings  21.24
 Cash-flow  110.24
 Book value  298.71
 Equity  366.21

CEZ is part of Electricity business, which is part of Utilities industry. CEZ is a company from Czeck Republic, and his stocks are publicly traded.

CEZ paid a total dividend of 27,893 million CZK last year, for a market value of 496,336 millions (Market Cap 146,275 millions). Dividend per share of CEZ is 52.04 CZK, and his stock market price 926.00 CZK.

According to the chart below, where dividend yield is displayed, CEZ has a dividend yield of 5.62%, which is higher than the amount offered by both the market average and companies from Czeck Republic. It is also bigger than average of Utilities industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare CEZ dividend yield with other Electricity companies or firms from Czeck Republic.

Dividend yield of CEZ

CEZ Dividend Payout

About the ability of CEZ to maintain his current dividend of CZK 52.04 per share, an amount that accounts for 5.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). CEZ payout on ernings is currently 245.01%, which is higher than the market average, and companies of Utilities industry, which are 38.25% and 54.88% respectively. Both figures show that CEZ can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of CEZ is CZK 110.24 per share, which is higher than the dividend per share paid by the company of CZK 52.04, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of CEZ, compared againt world market average, Czeck Republic companies, Utilities industry and Electricity sector companies.

CEZ payout

CEZ Dividend History

Year Yield  CZK  Paypout  Shares* 
Present5.62%52.04245.01%536
20216.29%52.02379.99%536
20206.60%33.99112.85%535
20194.71%24.00109.29%535
20186.17%33.0187.61%534
20176.65%33.02112.39%534
20169.65%39.9895.53%533
20158.60%39.9988.57%533

*In millions

CEZ Stock performance

Finally, last moth CEZ showed a return of 8.40% compared to a worldwide 1.12% average, and a 2.24% of Utilities firms. Over the last year, the company obtained a 68.40% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Czeck Republic and Electricity firms.

CEZ stock and market return