Tencent Music Entertainment Group
TCMEFCommunication Services · Stock · annual payer
Forward Yield
1.92%
Annual Dividend
$0.12
Payout Ratio
29%
5-Yr Growth
—
Ex-Date
Apr 1, 2026
Frequency
Annual
Summary
As of July 2026, Tencent Music Entertainment Group (TCMEF) yields 1.92% ($0.12 per share annually), with a blended fair-value estimate of $4.14 — -34% downside, so it screens as overvalued.
Is TCMEF a good dividend stock?
MixedTencent Music Entertainment Group (TCMEF) pays a annual dividend yielding 1.92% ($0.12/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (29%)
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.92%
- Payout Ratio
- 29%
- Annual Dividend
- $0.12
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Apr 1, 2026
- Years of Growth
- 0
- Frequency
- annual
- Beta
- 0.79
- Market Cap
- $20.4B
- P/E Ratio
- 14.9
- 5-Yr Total Return
- —
- 52-Week Range
- $6.24 – $10.63
- Dividend Safety
- —
- Ever Cut?
- No
Frequently Asked Questions
TCMEF Price — Last 12 Months
Daily close
Price Return
1 Year
—
3 Years
—
5 Years
—
52-Week Range
$6.24 – $10.63
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TCMEF worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Tencent Music Entertainment Group is $4.14 per share, versus a market price of $6.24. That implies 34% of downside.
Fair Value
$4.14
Current Price
$6.24
Downside
-34%
Margin of Safety
-51%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 4.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.2% discount rate (CAPM), 4.0% stage-1 growth, 2.5% terminal growth, $0.42 EPS, $0.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 1, 2026 | — | $0.1200 | regular |
Income Calculator
At $0.12 / yr per share
