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

Tencent Music Entertainment Group logo
$11.44 +0.29 (+2.60%)
(As of 11/20/2024 ET)

Dividend Summary

Dividend Yield
1.14%
Annual Dividend
$0.13
Dividend Payout Ratio
24.07%
Recent
Dividend Payment
Jun. 27
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Tencent Music Entertainment Group vs. The Competition

TypeTencent Music Entertainment GroupComputer CompaniesNYSE Companies
Annual Dividend$0.13$3.38$1.53
Dividend Yield1.14%278.88%353.52%
Annualized 3-Year Dividend Growth0.00%12.68%15.72%

Tencent Music Entertainment Group Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings24.07%
Based on This Year's Estimates20.63%
Based on Next Year's Estimates16.25%
Based on Cashflow24.32%

Tencent Music Entertainment Group Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/13/2024Annual$0.12100.78%5/31/20245/31/20246/27/2024
(Data available from 1/1/2013 forward)

Tencent Music Entertainment Group Dividend - Frequently Asked Questions

What is Tencent Music Entertainment Group's dividend yield?

The current dividend yield for Tencent Music Entertainment Group is 1.14%. Learn more on TME's dividend yield history.

How much is Tencent Music Entertainment Group's annual dividend?

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

How often does Tencent Music Entertainment Group pay dividends?

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

What is Tencent Music Entertainment Group's dividend payout ratio?
The dividend payout ratio for TME is:
  • 24.07% based on the trailing year of earnings
  • 20.63% based on this year's estimates
  • 16.25% based on next year's estimates
  • 24.49% based on cash flow
Is Tencent Music Entertainment Group a good dividend stock?

Tencent Music Entertainment Group's dividend yield of 1.19% 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.


This page (NYSE:TME) was last updated on 11/21/2024 by MarketBeat.com Staff
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