CEZ ASWAR:CEZ -1.39%85 Forward Dividend Yield % is 3.44% as of Jun. 28, 2026. GuruFocus rates WAR:CEZ with a GF Score™ of 85/100 and a GF Value™ of zł193.54 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 426 Utilities - Regulated companies, CEZ AS ranks worse than 57.04% on this metric.
As of today (2026-06-28), the Forward Annual Dividend Yield of CEZ AS is 3.44%.
As of today (2026-06-28), the Trailing Annual Dividend Yield of CEZ AS is 3.44%.
WAR:CEZ's Forward Dividend Yield % is ranked worse than 57.04% of 426
companies
in the Utilities - Regulated industry
Industry Median: 3.645
vs WAR:CEZ: 3.44
During the past 12 months, CEZ AS's average Dividends Per Share Growth Rate was -9.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -0.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 8.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CEZ AS was 64.40% per year. The lowest was -15.70% per year. And the median was 0.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
CEZ AS (WAR:CEZ) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
WAR:CEZ vs NEE, SO, DUK: Forward Dividend Yield % Comparison
For the Utilities - Regulated Electric subindustry, CEZ AS's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CEZ AS Forward Dividend Yield % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CEZ AS's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where CEZ AS's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
CEZ AS Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CZK 42.000000
2026-06-03
2026-06-05
2026-08-03
Cash Dividend
annually
CZK:PLN 0.175909
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
CEZ AS's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
7.388178
/
213.60
=
3.46 %
Current Share Price is zł213.60. CEZ AS's Dividends per Share for the forward twelve months is calculated as zł7.388178 * 1 = zł7.388178.
CEZ AS's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
7.388178
/
213.60
=
3.46 %
Current Share Price is zł213.60. CEZ AS's Dividends per Share for the trailing twelve months (TTM) ended in Today is zł7.388178.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 3.44% mean?
CEZ AS (WAR:CEZ) has a Forward Dividend Yield % of 3.44% as of Jun. 28, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on CEZ AS and its competitors. According to the industry distribution chart, CEZ AS ranks #243 out of 426 companies in the Utilities - Regulated industry, placing it in the top 57%.
Is CEZ AS's Forward Dividend Yield % too high?
CEZ AS's current Forward Dividend Yield % is 3.44%. The Utilities - Regulated industry median Forward Dividend Yield % is 3.65. CEZ AS's value of 3.44% is 5.6% below this industry median. Based on the distribution chart, CEZ AS ranks #243 out of 426 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CEZ AS has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEZ AS's Forward Dividend Yield % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CEZ AS ranks #243 out of 426 companies for Forward Dividend Yield %. This places CEZ AS in the lower half of its industry. The industry median Forward Dividend Yield % is 3.65. CEZ AS's value of 3.44% is 5.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Utilities - Regulated company?
The median Forward Dividend Yield % among Utilities - Regulated companies is 3.65, based on 426 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CEZ AS's current Forward Dividend Yield % of 3.44% is 5.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on CEZ AS and its competitors. For the Utilities - Regulated industry, the median Forward Dividend Yield % is 3.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEZ AS's current Forward Dividend Yield % is 3.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEZ AS stock overvalued right now?
Based on GuruFocus' analysis, CEZ AS (WAR:CEZ) is currently considered Modestly Overvalued. The stock's GF Value™ is zł193.54, compared to a current price of zł213.60 — trading 10.4% above its estimated fair value. The current Forward Dividend Yield % is 3.44% and 5.6% below the Utilities - Regulated industry median of 3.65. CEZ AS's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For CEZ AS (WAR:CEZ), the current Forward Dividend Yield % is 3.44% as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CEZ AS (WAR:CEZ) Overvalued in 2026?
Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued.
The current stock price of zł213.60 is trading 10.4% above its estimated GF Value™ of zł193.54.
GuruFocus considers CEZ AS to be Modestly Overvalued.
Key valuation signals for WAR:CEZ:
Forward Dividend Yield %: 3.44%
GF Value™: zł193.54 vs. price of zł213.60 (10.4% above fair value)
Industry Position: 5.6% below the Utilities - Regulated median (#243 of 426)
No single metric tells the full story. See the WAR:CEZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CEZ AS is a Czech energy company of which the government of the Czech Republic is the majority shareholder. The core business of the company is the generation, distribution, trade, and sale of electricity and heat, coal mining, trading in commodities and provision of complex energy services, distribution, trade, and sale of natural gas, and the provision of telecommunications services. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. The group operates mainly in Czechia and in Central and Western European markets.
85GF Score
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