Warner Music Group Dividends and Buybacks
Dividend criteria checks 3/6
Warner Music Group is a dividend paying company with a current yield of 2.26% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 19th November, 2024.
Key information
2.3%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 11.4% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | €0.645 |
| Payout ratio | 87% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, WA4 has been paying a dividend for less than 10 years.
Growing Dividend: WA4's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Warner Music Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WA4) | 2.3% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Entertainment) | 1.9% |
| Analyst forecast (WA4) (up to 3 years) | 2.8% |
Notable Dividend: WA4's dividend (2.26%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: WA4's dividend (2.26%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.9%), WA4's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.7%), WA4's dividend payments are covered by cash flows.