WMG Warner Music Group Corp - Class A dividend history, payout ratio & dates

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Relative Growth: Rel. Growth: 81
Relative Strength: Rel. Strength: 16
Relative Valuation: Rel. Valuation: 83
Relative Profitability: Rel. Profitability: 93

Last dividend date: May 26, 2026

Dividend yield: 2.96%

Payout ratio: 59.8%

Warner Music Group Corp - Class A's latest cash dividend of $0.19 per share was issued to shareholders on record before May 26, 2026. The dividend distribution stands at $0.76 per share annually, which comes to a dividend yield of 2.96%.

WMG dividend stats
DPS
$0.76
Dividend yield
2.96%
Payout ratio
59.8%
vs. Communication Services sector
Dividend yield
3.38%
Payout ratio
51.8%

Warner Music Group Corp - Class A Dividend yield

What is Warner Music Group Corp - Class A current dividend yield

WMG has a dividend yield of 2.96% 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 3.38%, Warner Music Group Corp - Class A's dividend yield is 12% lower. Historically WMG's dividend yield has averaged at 2.1% in the last 5 years, which is less than the current one.

WMG Dividend history

What is WMG dividend payout history and dates

Warner Music Group Corp - Class A has been paying dividends for the last six 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 down by 20% from a year ago, the dividend yield has an increase of 33%.

Warner Music Group Corp - Class A Dividend history chart

Ex-date Amount Yield (TTM)
May 26, 2026 $0.19 2.2%
Feb 18, 2026 $0.19 2.56%
Nov 19, 2025 $0.19 2.43%
Aug 20, 2025 $0.19 2.25%
May 27, 2025 $0.18 2.75%
Feb 24, 2025 $0.18 1.99%
Nov 19, 2024 $0.18 2.13%
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 Corp - Class A dividend payout ratio

What is Warner Music Group Corp - Class A dividend payout ratio compared to the sector

Payout ratio

WMG has a payout ratio of 59.8% which is higher than the Communication Services sector and the industry average. In comparison with the Communication Services sector average of 51.8%, Warner Music Group Corp - Class A's payout ratio is 15% higher.

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

Frequently asked questions

Does Warner Music Group Corp - Class A pay a dividend?

Yes, Warner Music Group Corp - Class A 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 Corp - Class A's last dividend ex-date was on May 26, 2026. The dividend amount was $0.19 per share.

How much dividend does Warner Music Group Corp - Class A pay (per share)?

On an annual basis WMG pays $0.76 per share.

What is Warner Music Group Corp - Class A's dividend yield?

Warner Music Group Corp - Class A's current dividend yield is 2.96%.

How often does Warner Music Group Corp - Class A pay dividends?

Warner Music Group Corp - Class A pays dividends quarterly.

What is Warner Music Group Corp - Class A's dividend payout ratio?

The dividend payout ratio of Warner Music Group Corp - Class A is 59.8%.

Does Warner Music Group Corp - Class A pay a good dividend?

Warner Music Group Corp - Class A's dividend yield is less than the Communication Services sector average.

Special dividends are included in TTM DPS and yield.