Warner Music Group Corp. (WMG) Dividend History
WMG latest dividend
The next dividend has not been announced yet.
- 4 yearsof dividend increases
- 2020paying since
- Quarterly4 payments a year
- +25.3%5-year growth a year
- 2.55%forward yield
WMG dividend income calculator
- Dividend income a year
- $80
- Each payment
- $20
- Value of the shares
- $3,140
- Dividend yield
- 2.55%
At the latest close; forward annual dividend $0.80 per share, before tax.
WMG dividends per share by year
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
WMG dividend safety
Descriptive bands, not a rating.
WMG yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $32.99 | 2.42% | $0.77 | 2.3% |
| 3 years ago | $32.30 | 2.48% | $2.19 | 6.8% |
| 5 years ago | $47.69 | 1.68% | $3.45 | 7.2% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
WMG dividend payments
Each bar is one payment, by ex-dividend month (last 25 payments).
WMG dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $0.74 | +5.7% | 2.41% | 4 |
| 2024 | $0.70 | +6.1% | 2.26% | 4 |
| 2023 | $0.66 | +6.5% | 1.84% | 4 |
| 2022 | $0.62 | +14.8% | 1.77% | 4 |
| 2021 | $0.54 | — | 1.25% | 4 |
| 2020 | $0.24 | — | 0.63% | 2 |
WMG dividend history
25 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-08-20 | 2026-09-01 | $0.2 | +5.3% | Quarterly |
| 2026-05-26 | 2026-06-02 | $0.19 | — | Quarterly |
| 2026-02-18 | 2026-03-03 | $0.19 | — | Quarterly |
| 2025-11-19 | 2025-12-02 | $0.19 | — | Quarterly |
| 2025-08-20 | 2025-09-03 | $0.19 | +5.6% | Quarterly |
| 2025-05-27 | 2025-06-03 | $0.18 | — | Quarterly |
| 2025-02-24 | 2025-03-04 | $0.18 | — | Quarterly |
| 2024-11-19 | 2024-12-03 | $0.18 | — | Quarterly |
| 2024-08-27 | 2024-09-04 | $0.18 | +5.9% | Quarterly |
| 2024-05-22 | 2024-06-03 | $0.17 | — | Quarterly |
| 2024-02-21 | 2024-03-01 | $0.17 | — | Quarterly |
| 2023-11-20 | 2023-12-01 | $0.17 | — | Quarterly |
| 2023-08-23 | 2023-08-24 | $0.17 | +6.2% | Quarterly |
| 2023-05-22 | 2023-06-01 | $0.16 | — | Quarterly |
| 2023-02-17 | 2023-03-01 | $0.16 | — | Quarterly |
| 2022-11-21 | 2022-12-01 | $0.16 | — | Quarterly |
Show all 25 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-08-23 | 2022-09-01 | $0.16 | +6.7% | Quarterly |
| 2022-05-20 | 2022-06-01 | $0.15 | — | Quarterly |
| 2022-02-17 | 2022-03-01 | $0.15 | — | Quarterly |
| 2021-11-22 | 2021-12-01 | $0.15 | — | Quarterly |
| 2021-08-24 | 2021-09-01 | $0.15 | +25.0% | Quarterly |
| 2021-05-21 | 2021-06-01 | $0.12 | — | Quarterly |
| 2021-02-19 | 2021-03-01 | $0.12 | — | Quarterly |
| 2020-11-23 | 2020-12-01 | $0.12 | — | Quarterly |
| 2020-08-24 | 2020-09-01 | $0.12 | — | Quarterly |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
WMG stock split history
Warner Music has no stock splits on record.
WMG dividend overview
Warner Music pays an annual dividend of $0.80 per share, a yield of 2.55% at the latest close, paid quarterly. It paid $0.74 per share in 2025, up 5.7% from 2024. It has raised its dividend for 4 consecutive years. Over five years the dividend grew 25.3% a year on average. The payout ratio is 41.0% of trailing earnings.
Related: WMG cash flow statement, WMG key metrics, WMG chart. See the WMG stock overview for the latest quote and news.
WMG dividends FAQ
Does Warner Music pay a dividend?
Yes. Warner Music has paid a regular dividend since 2020, quarterly, most recently $0.20 per share with an ex-dividend date of August 20, 2026.
What is Warner Music's dividend yield?
Warner Music's forward annual dividend is $0.80 per share, a dividend yield of 2.55% at the latest close of $31.40.
How often does Warner Music pay dividends?
Warner Music pays dividends quarterly.
How fast is Warner Music's dividend growing?
Warner Music's dividend per share grew from $0.24 in 2020 to $0.74 in 2025, 25.3% a year on average over five years; it has increased for 4 years in a row.
What is Warner Music's dividend payout ratio?
Warner Music pays out 41.0% of its trailing earnings as dividends and 71.1% of its free cash flow (fiscal 2025).