Reuters reveals Czech finance ministry proposes beefed-up CEZ dividend - Reuters News Agency
Business & Finance

Reuters reveals Czech finance ministry proposes beefed-up CEZ dividend

Reuters exclusively reported that the Czech Finance Ministry has proposed that state-controlled utility CEZ pay a dividend of 48 crowns per share this year, rather than the 44 crowns proposed by the company’s board. The higher dividend, to be voted on at an annual meeting on June 28, would amount to 25.8 billion crowns rather than the 23.7 billion crowns proposed by the board. The state owns 70% of CEZ. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Europe
Countries: Czech Republic
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
Czech crown banknotes are seen in this picture illustration taken in Prague January 31, 2011. Support for adopting the euro in the Czech Republic has fallen to an all-time low of just over a fifth of the population, an opinion poll showed on Monday.  REUTERS/Petr Josek (CZECH REPUBLIC - Tags: BUSINESS)
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