Tencent Music Entertainment Group Dividends
The next dividend date for Tencent Music Entertainment Group has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Tencent Music Entertainment Group (TME)
More About Tencent Music Entertainment Group
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
Owning Tencent Music Entertainment Group Stock on the Dividend Date
If you own Tencent Music Entertainment Group stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Tencent Music Entertainment Group stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Tencent Music Entertainment Group stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Tencent Music Entertainment Group stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Tencent Music Entertainment Group dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Tencent Music Entertainment Group Dividends
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