Back to WMG overview

WMG Warner Music Group Corp Dividend

Warner Music Group's latest quarterly cash dividend of $0.15 per share was issued to shareholders on record before Nov 22, 2021. The dividend distribution stands at $0.54 per share annually, which comes to a dividend yield of 1.29%.

WMG next dividend date: Not announced

WMG
DPS
$0.54
Dividend yield
1.29%
Payout ratio
93.1%
Communication Services sector
Dividend yield
2.27%
Payout ratio
44.6%

Dividend yield

WMG has a dividend yield of 1.29% which is lower than the Communication Services sector and the industry average.

Dividend history

Warner Music Group has been paying dividends for the last two years. Our records show that WMG has distributed four quarterly dividends in the past year.

Recent dividends

Declared on Ex-date Payment date Amount Type
Nov 9, 2021 Nov 22, 2021 Dec 1, 2021 $0.15 normal
Aug 13, 2021 Aug 24, 2021 Sep 1, 2021 $0.15 normal
May 13, 2021 May 21, 2021 Jun 1, 2021 $0.12 normal
Feb 11, 2021 Feb 19, 2021 Mar 1, 2021 $0.12 normal
Nov 13, 2020 Nov 23, 2020 Dec 1, 2020 $0.12 normal
Aug 14, 2020 Aug 24, 2020 Sep 1, 2020 $0.12 normal

Dividend payouts

Payout ratio

WMG has a payout ratio of 93.1% which is higher than the Communication Services sector and the industry average.

Total amount of dividends paid per financial year (from cash flow)