Universal Music Group Dividend
Dividend criteria checks 3/6
Universal Music Group is a dividend paying company with a current yield of 1.85% that is well covered by earnings.
Key information
1.8%
Dividend yield
74%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.69 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UMGN.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: UMGN.F's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Universal Music Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (UMGN.F) | 1.8% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Entertainment) | 1.2% |
Analyst forecast in 3 Years (UMGN.F) | 2.3% |
Notable Dividend: UMGN.F's dividend (1.85%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: UMGN.F's dividend (1.85%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.7%), UMGN.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.7%), UMGN.F's dividend payments are covered by cash flows.