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Tencent Music Entertainment Group (TME) Dividend Yield, Date & History

Tencent Music Entertainment Group logo
$11.95 +0.16 (+1.36%)
(As of 12/20/2024 05:31 PM ET)

Tencent Music Entertainment Group Dividend Summary

Dividend Yield
1.09%
Annual Dividend
$0.13
Recent
Dividend Payment
Jun. 27
Dividend Payout Ratio
24.07%

Tencent Music Entertainment Group (TME) pays an annual dividend of $0.13 per share, with a dividend yield of 1.09%. The next n/a payment of $0.1210 per share was paid on Thursday, June 27, to investors who owned the stock before the ex-dividend date of Friday, May 31. The company currently pays out 24.07% of its earnings and 25.18% of its cash flow as dividends.

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TME Dividend Payments by Quarter

The chart below displays up to four years of Tencent Music Entertainment Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TME Dividend Yield Over Time

The chart below tracks Tencent Music Entertainment Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Tencent Music Entertainment Group vs. The Competition

Compare Tencent Music Entertainment Group's annual dividend, yield, and 3-year growth rate with averages for Computer and NYSE companies to evaluate its performance against the market.

TypeTencent Music Entertainment GroupComputer CompaniesNYSE Companies
Annual Dividend$0.13$0.03$1.39
Dividend Yield1.09%2.77%3.58%
Annualized 3-Year Dividend Growth0.00%12.57%15.78%

Tencent Music Entertainment Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings24.07%
Based on This Year's Estimate20.63%
Based on Next Year's Estimate16.46%
Based on Cashflow25.18%

Tencent Music Entertainment Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
5/13/2024Annual$0.1210 - 0.78%5/31/20245/31/20246/27/2024

This table shows Tencent Music Entertainment Group's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Tencent Music Entertainment Group Dividend - Frequently Asked Questions

The current dividend yield for Tencent Music Entertainment Group is 1.09%. Learn more on TME's dividend yield history.

The annual dividend for TME shares is $0.13. Learn more on TME's annual dividend history.

Tencent Music Entertainment Group pays n/a dividends to shareholders.

The dividend payout ratio for TME is:
  • 24.07% based on the trailing year of earnings
  • 20.63% based on this year's estimates
  • 16.46% based on next year's estimates
  • 25.18% based on cash flow

Tencent Music Entertainment Group's dividend yield of 1.13% is lower than the average Computer and Technology company that issues a dividend. Tencent Music Entertainment Group's dividend payout ratio of 24.07% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Tencent Music Entertainment Group stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:TME) was last updated on 12/21/2024 by MarketBeat.com Staff
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