Today, TEF O2 CR trades last time cum-dividend of CZK for the year 2005 under standard T+3 settlement. Dividend record day is set on 25 September and dividend payout day on 2 October.
Our view:
This has been awaited for a long time so the news is neutral. However we might see increased interest in the stock as falling to CZK 430 levels after dividend could attract some investors seeing value in the stock.