Tencent Music Entertainment Group (Tencent Music Entertainment Group) Dividend Yield % : 0.00% (As of May. 14, 2024)

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What is Tencent Music Entertainment Group Dividend Yield %?

As of today (2024-05-14), the Trailing Annual Dividend Yield of Tencent Music Entertainment Group is 0.00%.

The historical rank and industry rank for Tencent Music Entertainment Group's Dividend Yield % or its related term are showing as below:

TME's Dividend Yield % is not ranked ^*
in the Interactive Media industry.
Industry Median: 2.25
* Ranked among companies with meaningful Dividend Yield % only.

Tencent Music Entertainment Group's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

As of today (2024-05-14), the Forward Dividend Yield % of Tencent Music Entertainment Group is 0.00%.

Tencent Music Entertainment Group's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Tencent Music Entertainment Group Dividend Yield % Historical Data

The historical data trend for Tencent Music Entertainment Group's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tencent Music Entertainment Group Dividend Yield % Chart

Tencent Music Entertainment Group Annual Data

Trend

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Dividend Yield %

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Tencent Music Entertainment Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Tencent Music Entertainment Group's Dividend Yield %

For the Internet Content & Information subindustry, Tencent Music Entertainment Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tencent Music Entertainment Group's Dividend Yield % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tencent Music Entertainment Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tencent Music Entertainment Group's Dividend Yield % falls into.

Tencent Music Entertainment Group Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tencent Music Entertainment Group (NYSE:TME) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Tencent Music Entertainment Group Dividend Yield % Related Terms

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Tencent Music Entertainment Group (Tencent Music Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Music Entertainment Group (NYSE:TME) » Definitions » Dividend Yield %

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Traded in Other Exchanges

01698:Hong Kong 0A2Z:UK 63TA:Germany

Address

Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.tencentmusic.com

TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.