WMG Warner Music Group dividend history, payout ratio & dates
Warner Music Group's latest cash dividend of $0.18 per share was issued to shareholders on record before Aug 27, 2024. The dividend distribution stands at $0.69 per share annually, which comes to a dividend yield of 2.14%. The latest WMG dividend of $0.18 is an increase from the previous $0.17 payout, representing a growth of 6%.
Key dates
- WMG last dividend date: Aug 27, 2024
WMG dividend stats
vs. Communication Services sector
Dividend yield
WMG has a dividend yield of 2.14% which is higher than the industry average but lower than the Communication Services sector average. If we compare it with the Communication Services sector average of 3.03%, Warner Music Group's dividend yield is 29% lower.
Dividend history
Warner Music Group has been paying dividends for the last four years. Our records show that WMG has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 6% since twelve months ago. And with the price of the stock up by 4.4% from a year ago, the dividend yield has an increase of 1.5%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 27, 2024 | $0.18 | 2.37% |
| May 22, 2024 | $0.17 | 2.17% |
| Feb 21, 2024 | $0.17 | 1.93% |
| Nov 20, 2023 | $0.17 | 2.08% |
| Aug 23, 2023 | $0.17 | 2% |
| May 22, 2023 | $0.16 | 2.44% |
| Feb 17, 2023 | $0.16 | 1.9% |
| Nov 21, 2022 | $0.16 | 2.3% |
| Aug 23, 2022 | $0.16 | 2.15% |
| May 20, 2022 | $0.15 | 2.02% |
| Feb 17, 2022 | $0.15 | 1.57% |
| Nov 22, 2021 | $0.15 | 1.26% |
| Aug 24, 2021 | $0.15 | 1.41% |
| May 21, 2021 | $0.12 | 1.39% |
| Feb 19, 2021 | $0.12 | 0.99% |
| Nov 23, 2020 | $0.12 | 0.86% |
| Aug 24, 2020 | $0.12 | 0.4% |
Warner Music Group dividend payout ratio
Payout ratio
WMG has a payout ratio of 66.3% which is higher than the Communication Services sector and the industry average. In comparison with the Communication Services sector average of 53.2%, Warner Music Group's payout ratio is 25% higher.
Total amount of dividends paid per financial year (from cash flow)
Frequently asked questions
Does Warner Music Group pay a dividend?
Yes, Warner Music Group has paid four dividends in the last twelve months. WMG has been paying dividends since 2020.
When was WMG's last dividend?
Warner Music Group's last dividend ex-date was on Aug 27, 2024. The dividend amount was $0.18 per share.
How much dividend does Warner Music Group pay (per share)?
On an annual basis WMG pays $0.69 per share.
What is Warner Music Group's dividend yield?
Warner Music Group's current dividend yield is 2.14%.
How often does Warner Music Group pay dividends?
Warner Music Group pays dividends quarterly.
What is Warner Music Group's dividend payout ratio?
The dividend payout ratio of Warner Music Group is 66.3%.
Does Warner Music Group pay a good dividend?
Warner Music Group's dividend yield is less than the Communication Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.