Tencent Music Entertainment Group - ADR vs Verisign, Inc. — how do they compare? Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B), while Verisign, Inc. trades at $277.5 (market cap $25.26B). The key difference: Verisign, Inc. is the larger of the two by market cap, and Tencent Music Entertainment Group - ADR pays the higher dividend (2.62%). Which is the better fit depends on your goals.
| TME | VRSN | |
|---|---|---|
Market Cap | $15.08B | $25.26B |
Sector | Media | Technology |
52-Week High | $26.36 | $310.00 |
52-Week Low | $8.16 | $211.49 |
Enterprise Value | $11.85B | $26.50B |
Dividend Yield | 2.62% | 1.17% |
Trailing returns across standard periods
TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
Read more on TME →Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical Internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route Internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.
Read more on VRSN →