Tencent Holdings Limited (OTCMKTS:TCEHY – Get Free Report) announced an annual dividend on Thursday, April 25th, NASDAQ reports. Shareholders of record on Monday, May 20th will be paid a dividend of 0.3839 per share by the technology company on Monday, June 17th. This represents a yield of 0.88%. The ex-dividend date of this dividend is Friday, May 17th. This is an increase from Tencent’s previous annual dividend of $0.10.
Tencent Trading Down 0.9 %
Tencent stock traded down $0.41 during trading hours on Thursday, reaching $43.44. 1,731,322 shares of the stock were exchanged, compared to its average volume of 3,035,446. The company has a market cap of $410.31 billion, a P/E ratio of 22.24 and a beta of 0.32. Tencent has a twelve month low of $33.00 and a twelve month high of $46.46. The stock has a 50 day moving average of $37.62 and a two-hundred day moving average of $38.05.
Tencent (OTCMKTS:TCEHY – Get Free Report) last posted its earnings results on Wednesday, March 20th. The technology company reported $0.52 EPS for the quarter. The firm had revenue of $21.54 billion during the quarter. Tencent had a net margin of 18.88% and a return on equity of 14.60%. On average, analysts expect that Tencent will post 2.68 earnings per share for the current fiscal year.
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Tencent Company Profile
Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc.
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