CEZ informs about the approved dividend, dates and the methods of its payment period on its website in the section For Investors/Shares/Dividends. Until 2022, an information letter was also sent by Česká spořitelna to shareholders at their addresses registered with the Central Securities Depository. From 2023, this letter are no longer being sent.
ČEZ’s shares may be purchased or sold on the Prague Stock Exchange (www.pse.cz/en) by signing a contract with one of the brokerage houses through which you can realise the purchase (or potential sale). Shares can also be purchased via RM-SYSTÉM Czech Stock Exchange.
Depending on the available options of the selected stock broker, the sales order can be submitted in person at one of its branches, by telephone or via the Internet or the stock trading apps. The price for the execution of the trade is determined by the tariff of the respective stock broker.
Registration information (name, surname, address, etc.) can only be changed through a CSD Prague participant. For this purpose it is necessary to choose a CSD Prague participant in the Czech Republic and request the change. This modification is charged by the participants and the final prices for services, as well as the conditions for granting them, are within the sole responsibility of the participants. The list of CSD Prague participants can be found at https://www.cdcp.cz/ucastnici/seznam-ucastniku/?lang=en.
Most Czech banks and majority of securities dealers are included in the list of the CSD Prague participants. Banks and securities dealers provide services associated with the management of securities accounts at their branches throughout the Czech Republic (fees for their services vary).
The dividends payment is secured by Česká spořitelna, a.s., (hereinafter referred to as "CS").
The dividends payment to shareholders can be realised by a bank transfer to a bank account held in the Czech Republic upon written request. The request must contain a solemn declaration of the shareholder’s tax residency, bank account number and identification of the bank in the Czech Republic keeping the account.
The request can be delivered:
- in person in branches of CS
- by post to the following address of CS:
Česká spořitelna, a.s.
8430 Back Office investičních produktů
140 00 Praha 4
The authenticity of a shareholder’s signature on the request for a dividend wire transfer must be officially certified.
- from the data box of the relevant shareholder to the data box of Česká spořitelna, with the identifier: wx6dkif
- electronically with a guaranteed electronic signature to the e-mail address of Česká
Heirs can request a payment of unpaid dividends whose payment is currently ongoing. Presentation of a valid identity card and the court's Declaration of Heredity that has entered into force (original or officially certified copy) is required. Other terms of payment are the same for heirs and shareholders.
Specimens of applications if you do not have a broker
- Application for payment of dividend for the year 2022 for Individuals with permanent residence outside the Czechia and Slovakia
- Application for payment of dividend for the year 2022 for Legal Entities with registered offices outside the Czechia and Slovakia
Conditions for the payment of dividends, their payment dates and the method of payment are always announced by CEZ following the respective General Meeting on the company website in the section of General meetings (www.cez.cz / Investor / General meetings / General meeting of the relevant year): www.cez.cz/en/investors/general-meetings
The company’s General Meeting approves the dividends’ payment dates, place and the method of payment every year. Česká Spořitelna, a.s. is the payment agent. The data on dividend payment for the relevant year can be found here: CEZ Group | investors | Shares | Dividends.
The dividends’ payment period for the relevant year is four years, which means that dividends are payable from the first payment day for the next four years.
A shareholder’s representative will receive the dividend upon the presentation of an identity card and a letter of attorney signed by the shareholder and containing a solemn declaration of the shareholder’s tax residency. The authenticity of the shareholder’s signature on the letter of attorney for the shareholder’s representative must be officially certified only if the shareholder’s total gross dividend exceeds CZK 3,000. The same conditions apply to shareholders with their permanent residence in the Slovak Republic, who must also include a proof of SID assignment to the shareholder (substitute identification number assigned by the keeper of relevant securities records).
If you want the shares you inherited to be registered and administered under you name, you must select and visit the Central Securities Depository Prague (hereinafter referred to as "CSD Prague") participant and request the transfer of the shares. The transfer is charged by the participants and the final prices for services, as well as the conditions for granting them, are within the sole responsibility of the participants.
The list of CSD Prague participants can be found at https://www.cdcp.cz/ucastnici/seznam-ucastniku/?lang=en.
Most Czech banks and majority of securities dealers are included in the list of the CSD Prague participants. Banks and securities dealers provide services associated with the management of securities accounts at selected branches throughout the Czech Republic (fees for their services vary).
Withholding tax refunds are sent to bank accounts in the Czech Republic.