The board of directors of the company O2 Czech Republic (O2 CR) has approved a proposal to pay out a dividend for the year 2014 in the total amount of CZK 4.103bn. This represents a payment of CZK 13 (before taxation) per each share in the nominal value of CZK 87 or CZK 130 (before taxation) per each share in the nominal value of CZK 870. The company will use its non-consolidated profit from the year 2014 and part of retained profits to pay out the dividend. The dividend will likely be due on May 28, 2015. The proposal is subject to discussion by the regular general meeting of the company.

Source: www.cianews.cz