Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME)
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 24, 2025 | $0.18 | 2025-04-03 | 2025-04-03 |
| June 27, 2024 | $0.14 | 2024-05-31 | 2024-05-31 |
Dividends Summary
- Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares has issued 2 dividend payments over the past 1 years
- The most recent dividend was paid 149 days ago, on April 24, 2025
- The highest dividend payed out to investors during this period was $0.18 per share
- The average dividend paid during this period was $0.16 per share.
Company News
Tencent Music Entertainment Group (TME) outperforms Spotify with a 122% return in 2025, demonstrating strong market dominance in China's music streaming sector with 550 million monthly active users and impressive financial improvements.
Chinese stocks rallied after Beijing introduced a 1% interest subsidy for consumer loans and President Trump extended the U.S.-China trade truce, signaling economic support and avoiding potential trade escalation.
The global music streaming market is expected to grow rapidly, driven by increasing digital music consumption, smartphone and internet penetration, and the rising popularity of on-demand and subscription-based music services. However, piracy and limited internet access in some regions may limit market growth.
Spotify is the world's largest music streaming platform, with a global market share of 31.7%. The company invests heavily in AI-powered features to personalize the user experience. Despite a 142% stock price gain this year, Spotify's valuation may be getting expensive, and investors may want to wait for a pullback before buying.
Tencent Music Entertainment Group (TME) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.