Thursday 20 August 2015

Dividend from Cez: August 2015

Cez, a Czech electricity provider

My Czech electricity producer Cez paid out dividends. Last year it was a painful experience due to the 35% that they take in taxes and this year it was even worse for me since I had to pay taxes also in Germany.

For my 100 shares I received a total of 4,000 CZK which got converted to 145.83 €. From this I then ended up paying 66.43 € (almost 46%) in various taxes and I received out as cash on my broker account 79.40 €. The YoC is at 6.8% which I find excellent but the taxes are heavy and leaves me very little in the hand.

To find out more about Cez then please visit analysis of Cez 2015.

The Stock Dividends page has now been updated.

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