Warner Music Group's latest quarterly cash dividend of $0.15 per share was issued to shareholders on record before May 20, 2022. The dividend distribution stands at $0.6 per share annually, which comes to a dividend yield of 2.02%.
WMG has a dividend yield of 2.02% which is higher than the industry average but lower than the Communication Services sector average.
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. The annualized dividend per share has an increase of 25% since twelve months ago. And with the price of the stock down by 14% from a year ago, the dividend yield has an increase of 45%.
| Declared on | Ex-date | Payment date | Amount | Type |
|---|---|---|---|---|
| May 13, 2022 | May 20, 2022 | Jun 1, 2022 | $0.15 | normal |
| Feb 8, 2022 | Feb 17, 2022 | Mar 1, 2022 | $0.15 | normal |
| 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 |
WMG has a payout ratio of 84.5% which is higher than the Communication Services sector and the industry average.