Warner Music Group Corp.

NasdaqGS:WMG Stock Report

Market Cap: US$15.9b

Warner Music Group Dividends and Buybacks

Dividend criteria checks 1/6

Warner Music Group is a dividend paying company with a current yield of 2.48%.

Key information

2.5%

Dividend yield

0.2%

Buyback Yield

Total Shareholder Yield2.7%
Future Dividend Yield2.9%
Dividend Growth21.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio105%

Recent dividend and buyback updates

Warner Music Group's (NASDAQ:WMG) Dividend Will Be $0.18

May 19
Warner Music Group's (NASDAQ:WMG) Dividend Will Be $0.18

Recent updates

Warner Music Group: Solid Executions Should Lead To Closure Of Relative Valuation Gap

Dec 05

Is Warner Music Group (NASDAQ:WMG) Using Too Much Debt?

Sep 30
Is Warner Music Group (NASDAQ:WMG) Using Too Much Debt?

What You Can Learn From Warner Music Group Corp.'s (NASDAQ:WMG) P/E

Jul 28
What You Can Learn From Warner Music Group Corp.'s (NASDAQ:WMG) P/E

Warner Music Group Corp.'s (NASDAQ:WMG) Intrinsic Value Is Potentially 27% Above Its Share Price

Jun 26
Warner Music Group Corp.'s (NASDAQ:WMG) Intrinsic Value Is Potentially 27% Above Its Share Price

Warner Music Group's (NASDAQ:WMG) Dividend Will Be $0.18

May 19
Warner Music Group's (NASDAQ:WMG) Dividend Will Be $0.18

Is It Time To Consider Buying Warner Music Group Corp. (NASDAQ:WMG)?

Apr 27
Is It Time To Consider Buying Warner Music Group Corp. (NASDAQ:WMG)?

Here's Why Warner Music Group (NASDAQ:WMG) Has Caught The Eye Of Investors

Mar 24
Here's Why Warner Music Group (NASDAQ:WMG) Has Caught The Eye Of Investors

Warner Music Group (NASDAQ:WMG) Has Announced A Dividend Of $0.18

Feb 18
Warner Music Group (NASDAQ:WMG) Has Announced A Dividend Of $0.18

Warner Music Group's (NASDAQ:WMG) Earnings Seem To Be Promising

Feb 13
Warner Music Group's (NASDAQ:WMG) Earnings Seem To Be Promising

Warner Music Group: Strategic Moves To Strengthen Its Catalog And Unlock Premium Revenue

Feb 10

Results: Warner Music Group Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

Feb 09
Results: Warner Music Group Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

Downgrading Warner Music Group As Spotify And Live Nation Strike A Chord

Nov 23

Warner Music Group: Serving The Middle Class Artists

Oct 10

Warner Music Group: Strong Competitive Position In The Music Label Industry

Jul 08

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, WMG has been paying a dividend for less than 10 years.

Growing Dividend: WMG's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Warner Music Group Dividend Yield vs Market
How does WMG dividend yield compare to the market?
SegmentDividend Yield
Company (WMG)2.5%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.4%
Industry Average (Entertainment)1.4%
Analyst forecast (WMG) (up to 3 years)2.9%

Notable Dividend: WMG's dividend (2.48%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: WMG's dividend (2.48%) is low compared to the top 25% of dividend payers in the US market (4.39%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (105.3%), WMG's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (115.4%), WMG's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/31 09:40
End of Day Share Price 2025/12/31 00:00
Earnings2025/09/30
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Warner Music Group Corp. is covered by 29 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kannan VenkateshwarBarclays
Ian MooreBernstein
Todd JuengerBernstein