Tencent Music Entertainment Group Dividends and Buybacks
Dividend criteria checks 0/6
Tencent Music Entertainment Group is a dividend paying company with a current yield of 1.16%.
Key information
1.2%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 0.3% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$0.137 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TME N is not paying a notable dividend for the MX market, therefore no need to check if payments are stable.
Growing Dividend: TME N is not paying a notable dividend for the MX market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Tencent Music Entertainment Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TME N) | 1.2% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.0% |
| Industry Average (Entertainment) | 1.6% |
| Analyst forecast (TME N) (up to 3 years) | 0.3% |
Notable Dividend: TME N's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.58%).
High Dividend: TME N's dividend (1.16%) is low compared to the top 25% of dividend payers in the MX market (7.03%).
Earnings Payout to Shareholders
Earnings Coverage: TME N is not paying a notable dividend for the MX market.
Cash Payout to Shareholders
Cash Flow Coverage: TME N is not paying a notable dividend for the MX market.