WMG
Warner Music Group
dividend history, payout ratio & dates
- Stocks
- Communication Services
- NASDAQ: WMG
- Dividend
Last dividend date: Aug 20, 2026
Dividend yield: 2.85%
Payout ratio: 60.6%
Warner Music Group's latest cash dividend of $0.2 per share was issued to shareholders on record before Aug 20, 2026. The dividend distribution stands at $0.77 per share annually, which comes to a dividend yield of 2.84%. The latest WMG dividend of $0.2 is an increase from the previous $0.19 payout, representing a growth of 5%.
WMG dividend stats
vs. Communication Services sector
Warner Music Group Dividend yield
WMG has a dividend yield of 2.84% 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 3.57%, Warner Music Group's dividend yield is 20% lower. Historically WMG's dividend yield has averaged at 2.2% in the last 5 years, which is less than the current one.
WMG Dividend history
Warner Music Group 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 5% since twelve months ago. And with the price of the stock down by 18% from a year ago, the dividend yield has an increase of 30%.
Warner Music Group Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 20, 2026 | $0.2 | 2.84% |
| 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 dividend payout ratio
Payout ratio
WMG has a payout ratio of 60.6% which is higher than the Communication Services sector and the industry average. In comparison with the Communication Services sector average of 52.8%, Warner Music Group's payout ratio is 15% 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 20, 2026. The dividend amount was $0.2 per share.
How much dividend does Warner Music Group pay (per share)?
On an annual basis WMG pays $0.77 per share.
What is Warner Music Group's dividend yield?
Warner Music Group's current dividend yield is 2.84%.
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 60.6%.
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.