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 Nov 19, 2024. The dividend distribution stands at $0.7 per share annually, which comes to a dividend yield of 2.25%.
Key dates
- WMG last dividend date: Nov 19, 2024
WMG dividend stats
vs. Communication Services sector
Dividend yield
WMG has a dividend yield of 2.25% which is lower than the Communication Services sector and the industry average. If we compare it with the Communication Services sector average of 3.41%, Warner Music Group's dividend yield is 34% lower. Historically WMG's dividend yield has averaged at 1.7% in the last 5 years, which is less than the current one.
Dividend history
Warner Music Group has been paying dividends for the last five 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 12% from a year ago, the dividend yield has an increase of 20%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 dividend payout ratio
Payout ratio
WMG has a payout ratio of 84.3% which is higher than the Communication Services sector and the industry average. In comparison with the Communication Services sector average of 48.7%, Warner Music Group's payout ratio is 73% 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 Nov 19, 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 $0.7 per share.
What is Warner Music Group's dividend yield?
Warner Music Group's current dividend yield is 2.25%.
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 84.3%.
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.