Tencent Dividend yield
What is the Dividend yield of Tencent?
The Dividend yield of Tencent Holdings Ltd. is 0.91%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Technology sector on OTC compared to Tencent
What does Tencent do?
Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. It offers online games and social network services; FinTech and cloud services, and online advertising services, such as media, social, and others advertisement services. The company is also involved in production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. In addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. The company has strategic collaboration with RareStone Inc. to develop a service ecosystem focused on rare disease patients in China. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.
Companies with dividend yield similar to Tencent
- Nexteer Automotive has Dividend yield of 0.91%
- Zoetis Inc has Dividend yield of 0.91%
- Tencent has Dividend yield of 0.91%
- Fujitsu has Dividend yield of 0.91%
- Reece has Dividend yield of 0.91%
- National Fertilizers has Dividend yield of 0.91%
- Tencent has Dividend yield of 0.91%
- Albert David has Dividend yield of 0.92%
- Harworth Plc has Dividend yield of 0.92%
- United States Lime & Minerals has Dividend yield of 0.92%
- Torrent Power has Dividend yield of 0.92%
- La Opala RG has Dividend yield of 0.92%
- Trinseo PLC has Dividend yield of 0.92%