SmarterDividends
TME

Tencent Music Entertainment Group

TME

Communication Services · Stock · annual payer

Forward Yield

2.58%

Annual Dividend

$0.24

Payout Ratio

29%

5-Yr Growth

Ex-Date

Apr 2, 2026

Frequency

Annual

TME Dividend Safety Score

69/ 100
Grade B

Safe

Dividend-growth streak2 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage29% of earnings paid out
Free-cash-flow coverage4% of free cash flow
Balance-sheet strengthDebt/equity of 0.06
Yield vs its historyYield is 2.4× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is TME a good dividend stock?

Yes, with caveats

Tencent Music Entertainment Group (TME) pays a annual dividend yielding 2.58% ($0.24/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (29%)

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
2.58%
Payout Ratio
29%
Annual Dividend
$0.24
5-Yr Avg Growth
Ex-Dividend Date
Apr 2, 2026
Years of Growth
1
Frequency
annual
Beta
0.77
Market Cap
$15.2B
P/E Ratio
11.1
5-Yr Total Return
-40%
52-Week Range
$8.44 – $26.70
Dividend Safety
B · 69/100
Ever Cut?
No
TME ex-dividend date & scheduleNext ex-date Apr 2, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.24 / yr per share

Per payment (annual)$24.00
Annual$24.00
Monthly avg$2.00