Universal Music Group Dividends and Buybacks
Dividend criteria checks 3/6
Universal Music Group is a dividend paying company with a current yield of 2.26% that is well covered by earnings.
Key information
2.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.554 |
| Payout ratio | 60% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UNVG.Y has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: UNVG.Y'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UNVG.Y) | 2.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Entertainment) | 1.1% |
| Analyst forecast (UNVG.Y) (up to 3 years) | 2.8% |
Notable Dividend: UNVG.Y's dividend (2.26%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: UNVG.Y's dividend (2.26%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.1%), UNVG.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.6%), UNVG.Y's dividend payments are covered by cash flows.