CEZ ASFRA:CEZ -1.04%76 Dividend Yield % is 3.49% as of Jun. 24, 2026, which is 43% below its 10-year median of 6.07. GuruFocus rates FRA:CEZ with a GF Score™ of 76/100 and a GF Value™ of €44.37 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 426 Utilities - Regulated companies, CEZ AS ranks worse than 51.17% on this metric.
As of today (2026-06-24), the Trailing Annual Dividend Yield of CEZ AS is 3.49%.
Warning Sign:
CEZ AS stock Dividend Yield % is close to 10-year low.
The historical rank and industry rank for CEZ AS's Dividend Yield % or its related term are showing as below:
FRA:CEZ'
s Dividend Yield % Range Over the Past 10 Years
Min: 3.43 Med: 6.07 Max: 18.03
Current: 3.49
During the past 13 years, the highest Dividend Yield of CEZ AS was 18.03%. The lowest was 3.43%. And the median was 6.07%.
FRA:CEZ's Dividend Yield % is ranked worse than 51.17% of 426
companies
in the Utilities - Regulated industry
Industry Median: 3.555
vs FRA:CEZ: 3.49
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of CEZ AS is 0.81, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of CEZ AS was 3.56. The lowest was 0.62. And the median was 1.04.
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.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
CEZ AS (FRA:CEZ) 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.
The historical data trend for CEZ AS's Dividend Yield % can be seen below:
* 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.
FRA:CEZ vs NEE, SO, DUK: Dividend Yield % Comparison
For the Utilities - Regulated Electric subindustry, CEZ AS's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CEZ AS's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where CEZ AS's 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
2026-06-04
2026-06-05
2026-08-03
Cash Dividend
annually
CZK:EUR 0.040978
CZK 47.000000
2025-06-26
2025-06-25
2025-08-01
Cash Dividend
annually
CZK:EUR 0.041505
* 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 Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
3.671811
/
49.68
=
7.39 %
Current Share Price is €49.68. CEZ AS's Dividends per Share for the trailing twelve months (TTM) ended in Today is €3.671811.
CEZ AS's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.721076
/
49.68
=
3.46 %
Current Share Price is €49.68. CEZ AS's Dividends per Share for the forward twelve months is calculated as €1.721076 * 1 = €1.721076.
* 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.
CEZ AS (FRA:CEZ) has a Dividend Yield % of 3.49% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on CEZ AS and its competitors. This is 43% below median its historical median of 6.07. Over the past decade, CEZ AS's Dividend Yield % has ranged from 3.43 to 18.03. According to the industry distribution chart, CEZ AS ranks #218 out of 426 companies in the Utilities - Regulated industry, placing it in the top 51.2%.
Is CEZ AS's Dividend Yield % too high?
CEZ AS's current Dividend Yield % of 3.49% is 43% below median its 10-year median of 6.07. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 18.03. The Utilities - Regulated industry median Dividend Yield % is 3.56. CEZ AS's value of 3.49% is 1.8% below this industry median. Based on the distribution chart, CEZ AS ranks #218 out of 426 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CEZ AS has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEZ AS's Dividend Yield % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CEZ AS ranks #218 out of 426 companies for Dividend Yield %. This places CEZ AS in the lower half of its industry. The industry median Dividend Yield % is 3.56. CEZ AS's value of 3.49% is 1.8% below this benchmark. Historically, CEZ AS's own Dividend Yield % has ranged from 3.43 to 18.03 over the past decade. While the company's 10-year median is 6.07 vs. the industry median of 3.56, CEZ AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Utilities - Regulated company?
The median Dividend Yield % among Utilities - Regulated companies is 3.56, based on 426 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CEZ AS's current Dividend Yield % of 3.49% is 1.8% 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 Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on CEZ AS and its competitors. For the Utilities - Regulated industry, the median Dividend Yield % is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEZ AS's current Dividend Yield % is 3.49%, which is 43% below median its own 10-year median of 6.07. 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 (FRA:CEZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €44.37, compared to a current price of €49.68 — trading 12% above its estimated fair value. The current Dividend Yield % is 3.49%, which is 43% below median its 10-year median of 6.07 and 1.8% below the Utilities - Regulated industry median of 3.56. CEZ AS's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For CEZ AS (FRA:CEZ), the current Dividend Yield % is 3.49% as of Jun. 24, 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 (FRA:CEZ) Overvalued in 2026?
Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued.
The current stock price of €49.68 is trading 12% above its estimated GF Value™ of €44.37.
GuruFocus considers CEZ AS to be Modestly Overvalued.
Key valuation signals for FRA:CEZ:
Dividend Yield %: 3.49% (43% below median its 10-year median of 6.07)
GF Value™: €44.37 vs. price of €49.68 (12% above fair value)
Industry Position: 1.8% below the Utilities - Regulated median (#218 of 426)
No single metric tells the full story. See the FRA: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.
76GF Score
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