Warner Music Group Corp.
S&P 500WMG/Communication Services · Entertainment/NASDAQ
Dividend Yield
2.77%
$0.76 · Annual Dividend
Dividend Safety Rating
WMG's dividend shows some areas that warrant monitoring. Strengths include a 51.0% return on equity & 15.6% operating margin. Areas of concern: 89.3% earnings payout ratio & 200.0% fcf payout ratio. The dividend has been growing at a 25.26% 5-year CAGR.
Based on 15 of 15 metrics
Strengths
- Return on Equity: 51.0%Strong return on equity reflects efficient profit generation.
- Dividend Cut: NoneNo dividend cut in recent history.
- 5-Year Dividend CAGR: 25.3%Dividend has grown at a healthy 5-year pace.
Risks
- FCF Payout Ratio: 200.0%Free cash flow is tight relative to the dividend.
- Debt-to-Equity: 508.3Debt-to-equity is elevated for the sector.
- Earnings Payout Ratio: 89.3%High earnings payout ratio leaves little safety margin.
Payout & Coverage
WarningBalance Sheet
WarningProfitability
SafeDividend Track Record
SafeAbout Warner Music Group Corp.
Warner Music Group is a music entertainment company operating through two primary segments: Recorded Music and Music Publishing. In its Recorded Music segment, the company discovers and develops recording artists, handling marketing, promotion, distribution, and licensing of their music, while also monetizing its catalog through compilations and reissues. The Music Publishing segment manages songwriter and publisher rights. Warner Music Group serves a global market across the United States, United Kingdom, Germany, and internationally, generating revenue through digital streaming, physical sales, artist services, expanded rights, licensing, and performance royalties. The company distributes its content through digital service providers, direct partnerships, and traditional retail channels. Its iconic labels include Atlantic, Parlophone, and Warner Records, representing some of the world's leading recording artists. As a publicly traded entity, Warner Music Group provides investors exposure to the evolving music industry, which increasingly relies on digital platforms and subscription-based streaming models for revenue generation.
Dividend Overview
Dividend Yield
2.77%
Annual Dividend
$0.76
Frequency
Quarterly
Payout Ratio
89.29%
FCF Payout Ratio
200.00%
52-Week Range
$23.34 - $35.42
Dividend History (2016–2025)
WMG annual dividend per share and yield history
Earnings & Profitability
WMG earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
May 26, 2026
Last Payment Date
June 2, 2026
Dividend Growth
3-Year Dividend CAGR
6.08%
5-Year Dividend CAGR
25.26%
10-Year Dividend CAGR
N/A
3-Year Total Growth
19.35%
5-Year Total Growth
208.33%
10-Year Total Growth
N/A
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Frequently Asked Questions
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How is WMG's Dividend Safety Rating calculated?
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.