Expected dividend payout for Czech stocks - Erste 10 % higher, Telefónica, PM and Fortuna lower

A Reuters survey found that, on average, analysts expect CEZ, Pegas Nonwovens (585 CZK, 0,50%), VIG (1054 CZK, 0,00%) and Komercni to pay about the same dividends next year as this year. In percentage terms, Telefónica, Philip Morris and Fortuna (124,3 CZK, 0,24%) are expected to pay much less next year (7% lower for O2 and PM (1 0850 CZK, -0,28%), and 60% for Fortuna), while Erste’s payout next year is expected to be 10% higher.