08-31-2023
| USD/share | |
| Price | 6.82 |
| Dividend | 0.00 |
| Earnings | 0.40 |
| Cash-flow | 0.66 |
| Book value | 4.01 |
| Equity | 4.35 |
Tencent Music Entert is part of Software and Computer Services business, which is part of Technology industry. Tencent Music Entert is a company from China, and his stocks are publicly traded.
Tencent Music Entert stock dividend
Tencent Music Entert paid a total dividend of 0 million USD last year, for a market value of 11,703 millions (Market Cap 33,317 millions). Tencent Music Entert dividend per share is 0.00 USD, and his stock market price 6.82 USD.
According to the chart below where dividend yield is displayed, Tencent Music Entert, has a dividend yield of 0%, amount in contrast with the positive dividend offered by both the market average and companies from China, Technology industry, and Software and Computer Services sector. This lack of dividends of Tencent Music Entert might harm the evolution of share price if the company is not clearly expanding his business.
In addition, you should compare Tencent Music Entert stocks dividend with other Software and Computer Services companies or other of the highest China dividend stocks list.
Tencent Music Entert Dividend Payout
About the ability of Tencent Music Entert to maintain his current dividend of USD 0.00 per share, an amount that accounts for 0.00%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tencent Music Entert payout on ernings is currently 0.00%, which is lower than the market average and companies in his industry and sector.
The following figure shows payout ratios over earnings and cashflow of Tencent Music Entert, compared againt world market average, China companies, Technology industry and Software and Computer Services sector companies.
Tencent Music Entert Dividend History
Below you will find a table with the historical evolution of Tencent Music Entert's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
| Year | Yield | USD | Paypout | Shares* |
| Present | 0.00% | 0.00 | 0.00% | 1,716 |
| 2022 | 0.00% | 0.00 | 0.00% | 1,695 |
*In millions
Tencent Music Entert Stock performance
Finally, last moth Tencent Music Entert showed a return of -2.40% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 33.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Software and Computer Services firms.
