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Warner Music Group (WMG) Dividend Yield, Date & History

Warner Music Group logo
$31.16 +0.43 (+1.40%)
(As of 12/20/2024 05:31 PM ET)

Warner Music Group Dividend Summary

Dividend Yield
2.31%
Annual Dividend
$0.72
Recent
Dividend Payment
Dec. 3
Annualized 3-Year
Dividend Growth
40.10%
Dividend Payout Ratio
86.75%

Warner Music Group (WMG) pays an annual dividend of $0.72 per share, with a dividend yield of 2.31%. The next quarterly payment of $0.18 per share was paid on Tuesday, December 3, to investors who owned the stock before the ex-dividend date of Tuesday, November 19. The company currently pays out 86.75% of its earnings and 51.07% of its cash flow as dividends.

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WMG Dividend Payments by Quarter

The chart below displays up to four years of Warner Music Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

WMG Dividend Yield Over Time

The chart below tracks Warner Music Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Warner Music Group vs. The Competition

Compare Warner Music Group's annual dividend, yield, and 3-year growth rate with averages for Discretionary and NASDAQ companies to evaluate its performance against the market.

TypeWarner Music GroupDiscretionary CompaniesNASDAQ Companies
Annual Dividend$0.72$0.01$1.31
Dividend Yield2.31%2.82%4.22%
Annualized 3-Year Dividend Growth40.10%23.28%14.22%

Warner Music Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings86.75%
Based on This Year's Estimate53.73%
Based on Next Year's Estimate44.17%
Based on Cashflow51.07%

Warner Music Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/19/2024Quarterly$0.18 - 2.18%11/19/202411/19/202412/3/2024
8/15/2024Quarterly$0.18+$0.01
5.88%
2.55%8/27/20248/27/20249/4/2024
5/13/2024Quarterly$0.17 - 2.11%5/22/20245/23/20246/3/2024
2/12/2024Quarterly$0.17 - 1.87%2/21/20242/22/20243/1/2024
11/9/2023Quarterly$0.17 - 2.15%11/20/202311/21/202312/1/2023
8/14/2023Quarterly$0.17+$0.01
6.25%
2.03%8/23/20238/24/20239/1/2023
5/12/2023Quarterly$0.16 - 2.53%5/22/20235/23/20236/1/2023
2/10/2023quarterly$0.16 - 1.9%2/17/20232/21/20233/1/2023

This table shows Warner Music Group's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Warner Music Group Dividend - Frequently Asked Questions

The current dividend yield for Warner Music Group is 2.31%. Learn more on WMG's dividend yield history.

The annual dividend for WMG shares is $0.72. Learn more on WMG's annual dividend history.

Warner Music Group pays quarterly dividends to shareholders.

Warner Music Group's most recent quarterly dividend payment of $0.18 per share was made to shareholders on Tuesday, December 3, 2024.

Warner Music Group's most recent ex-dividend date was Tuesday, November 19, 2024.

Over the past three years, the company's dividend has grown by an average of 40.10% per year.

The most recent change in the company's dividend was an increase of $0.01 on Thursday, August 15, 2024.

The dividend payout ratio for WMG is:
  • 86.75% based on the trailing year of earnings
  • 53.73% based on this year's estimates
  • 44.17% based on next year's estimates
  • 51.07% based on cash flow

Warner Music Group's dividend yield of 2.21% is lower than the average Consumer Discretionary company that issues a dividend. Warner Music Group's dividend payout ratio of 86.75% may not be sustainable. However, based on earnings estimates, WMG will have a more sustainable dividend payout ratio of 44.17% next year.

Looking at the stock as a whole, market analysts rate Warner Music Group stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:WMG) was last updated on 12/21/2024 by MarketBeat.com Staff
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