The company (formerly Tabak) holds an AGM today and, according to first reports, the proposed gross dividend is CZK 940 per share, which amounts to 80% payout ratio (the 2000 EPS was CZK 1,173, we have expected a 95% payout ratio, or CZK 1,114 dividend per share). The proposed dividend will very likely be approved. The stock now trades ex-dividend.
(Ondřej Daťka)