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WMG Warner Music Group dividend history, payout ratio & dates

Warner Music Group's latest quarterly cash dividend of $0.17 per share was issued to shareholders on record before Feb 21, 2024. The dividend distribution stands at $0.67 per share annually, which comes to a dividend yield of 1.92%.

Key dates

  • WMG last dividend date: Feb 21, 2024
  • WMG next dividend date: Not announced
WMG dividend stats
DPS
$0.67
Dividend yield
1.92%
Payout ratio
76.1%
vs. Communication Services sector
Dividend yield
3.19%
Payout ratio
43.7%

Dividend yield

What is Warner Music Group current dividend yield

WMG has a dividend yield of 1.92% 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 3.19%, Warner Music Group's dividend yield is 40% lower.

Dividend history

What is WMG dividend payout history and dates

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. However with the price of the stock up by 11% from a year ago, the dividend yield has a decrease of 3.8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 21, 2024 Mar 1, 2024 Feb 12, 2024 $0.17 normal
Nov 20, 2023 Dec 1, 2023 Nov 9, 2023 $0.17 normal
Aug 23, 2023 Sep 1, 2023 Aug 14, 2023 $0.17 normal
May 22, 2023 Jun 1, 2023 May 12, 2023 $0.16 normal
Feb 17, 2023 Mar 1, 2023 Feb 10, 2023 $0.16 normal
Nov 21, 2022 Dec 1, 2022 Nov 10, 2022 $0.16 normal
Aug 23, 2022 Sep 1, 2022 Aug 12, 2022 $0.16 normal
May 20, 2022 Jun 1, 2022 May 13, 2022 $0.15 normal
Feb 17, 2022 Mar 1, 2022 Feb 8, 2022 $0.15 normal
Nov 22, 2021 Dec 1, 2021 Nov 9, 2021 $0.15 normal
Aug 24, 2021 Sep 1, 2021 Aug 13, 2021 $0.15 normal
May 21, 2021 Jun 1, 2021 May 13, 2021 $0.12 normal
Feb 19, 2021 Mar 1, 2021 Feb 11, 2021 $0.12 normal
Nov 23, 2020 Dec 1, 2020 Nov 13, 2020 $0.12 normal
Aug 24, 2020 Sep 1, 2020 Aug 14, 2020 $0.12 normal

Warner Music Group dividend payout ratio

What is Warner Music Group dividend payout ratio compared to the sector

Payout ratio

WMG has a payout ratio of 76.1% which is higher than the Communication Services sector and the industry average. In comparison with the Communication Services sector average of 43.7%, Warner Music Group's payout ratio is 74% 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 is Warner Music Group's next dividend?

At this point we don't have a record of WMG's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.

When was WMG's last dividend?

Warner Music Group's last dividend ex-date was on Feb 21, 2024. The dividend amount was $0.17 per share.

How much dividend does Warner Music Group pay (per share)?

On an annual basis WMG pays $0.67 per share.

What is Warner Music Group's dividend yield?

Warner Music Group's current dividend yield is 1.92%.

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 76.1%.

Does Warner Music Group pay a good dividend?

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