Tencent Music Entertainment GroupMEX:TMEN -4.08%78 Dividend Payout Ratio is 1.14 as of Mar. 2026, which is 443% above its 10-year median of 0.21. GuruFocus rates MEX:TMEN with a GF Score™ of 78/100 and a GF Value™ of MXN270.92 (Significantly Undervalued). Among 153 Interactive Media companies, Tencent Music Entertainment Group ranks better than 66.01% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Tencent Music Entertainment Group's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.14.
The historical rank and industry rank for Tencent Music Entertainment Group's Dividend Payout Ratio or its related term are showing as below:
MEX:TMEN'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.21 Max: 0.54
Current: 0.54
During the past 10 years, the highest Dividend Payout Ratio of Tencent Music Entertainment Group was 0.54. The lowest was 0.20. And the median was 0.21.
MEX:TMEN's Dividend Payout Ratio is ranked better than 66.01% of 153
companies
in the Interactive Media industry
Industry Median: 0.37
vs MEX:TMEN: 0.54
During the past 10 years, the highest Trailing Annual Dividend Yield of Tencent Music Entertainment Group was 2.95%. The lowest was 0.70%. And the median was 1.12%.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Tencent Music Entertainment Group (MEX:TMEN) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Tencent Music Entertainment Group Dividend Payout Ratio Related Terms
Tencent Music Entertainment Group Dividend Payout Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tencent Music Entertainment Group Dividend Payout Ratio Chart
MEX:TMEN vs PINS, SNAP, MTCH: Dividend Payout Ratio Comparison
For the Internet Content & Information subindustry, Tencent Music Entertainment Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tencent Music Entertainment Group Dividend Payout Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Tencent Music Entertainment Group's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Tencent Music Entertainment Group's Dividend Payout Ratio falls into.
Tencent Music Entertainment Group Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tencent Music Entertainment Group (MEX:TMEN) has a Dividend Payout Ratio of 1.14 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tencent Music Entertainment Group and its competitors. This is 443% above median its historical median of 0.21. Over the past decade, Tencent Music Entertainment Group's Dividend Payout Ratio has ranged from 0.20 to 0.54. According to the industry distribution chart, Tencent Music Entertainment Group ranks #52 out of 153 companies in the Interactive Media industry, placing it in the top 34%.
Is Tencent Music Entertainment Group's Dividend Payout Ratio too high?
Tencent Music Entertainment Group's current Dividend Payout Ratio of 1.14 is 443% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.54. The Interactive Media industry median Dividend Payout Ratio is 0.37. Tencent Music Entertainment Group's value of 1.14 is 208.1% above this industry median. Based on the distribution chart, Tencent Music Entertainment Group ranks #52 out of 153 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Tencent Music Entertainment Group has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Music Entertainment Group's Dividend Payout Ratio compare to PINS and SNAP?
According to the Interactive Media industry distribution chart, Tencent Music Entertainment Group ranks #52 out of 153 companies for Dividend Payout Ratio. This puts Tencent Music Entertainment Group in the upper half of its industry. The industry median Dividend Payout Ratio is 0.37. Tencent Music Entertainment Group's value of 1.14 is 208.1% above this benchmark. Historically, Tencent Music Entertainment Group's own Dividend Payout Ratio has ranged from 0.20 to 0.54 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.37, Tencent Music Entertainment Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Interactive Media company?
The median Dividend Payout Ratio among Interactive Media companies is 0.37, based on 153 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tencent Music Entertainment Group's current Dividend Payout Ratio of 1.14 is 208.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tencent Music Entertainment Group and its competitors. For the Interactive Media industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tencent Music Entertainment Group's current Dividend Payout Ratio is 1.14, which is 443% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tencent Music Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, Tencent Music Entertainment Group (MEX:TMEN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN270.92, compared to a current price of MXN145.80 — trading 46.2% below its estimated fair value. The current Dividend Payout Ratio is 1.14, which is 443% above median its 10-year median of 0.21 and 208.1% above the Interactive Media industry median of 0.37. Tencent Music Entertainment Group's overall GF Score™ is 78/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Tencent Music Entertainment Group (MEX:TMEN), the current Dividend Payout Ratio is 1.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tencent Music Entertainment Group (MEX:TMEN) Overvalued in 2026?
Based on GuruFocus' analysis, Tencent Music Entertainment Group stock appears to be undervalued.
The current stock price of MXN145.80 is trading 46.2% below its estimated GF Value™ of MXN270.92.
GuruFocus considers Tencent Music Entertainment Group to be Significantly Undervalued.
Key valuation signals for MEX:TMEN:
Dividend Payout Ratio: 1.14 (443% above median its 10-year median of 0.21)
GF Value™: MXN270.92 vs. price of MXN145.80 (46.2% below fair value)
Industry Position: 208.1% above the Interactive Media median (#52 of 153)
No single metric tells the full story. See the MEX:TMEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tencent Music Entertainment Group Business Description
Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.
78GF Score
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