Trailing Dividend / Share
$0.74
Warner Music Group Corp. (WMG) Dividend History
Income profile from 2020 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.4%
Payout Ratio
1.0%
Sustainable
Dividend Streak
5 years
WMG Dividend Income Check
Safety
1.0% payout ratio with sustainable safety profile.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost is 2.0% and trend is rising.
WMG Dividend Scorecard
Yield & Income
Dividend Yield2.4%
Trailing DPS$0.74
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout1.0%
Earnings SafetySustainable
FCF Payout73.8%
FCF SafetyAdequate
Piotroski F-Score3/9
Growth
Growth Streak5 years
3Y CAGR6.1%
5Y CAGR25.3%
Yield on Cost (5Y)2.0%
YOC Trendrising
Total Returns
Buyback Yield0.1%
Total Shareholder Yield2.5%
1Y Total Return-3.4%
5Y Total Return-10.8%
Div Contribution (5Y)9.3%
Estimated $10K growth (return + dividends):
5Y ago$8,92110Y ago$10,68720Y ago$10,687
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
WMG Income Growth Story
Dividend per share and yield on cost over time (7 years of payments)
WMG Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Warner Music Group Corp. distributes 1.0% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 73.8%, rated "Adequate".
Piotroski F-Score: 3/9 — weak financial health.
Growth Track Record
WMG has raised its dividend for 5 consecutive years, with a 3-year CAGR of 6.1% and 5-year CAGR of 25.3%.
Total Shareholder Returns
Beyond cash dividends, WMG returns capital through share repurchases. The combined picture: 2.4% dividend yield, 0.1% buyback yield, 2.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.0% and is currently rising. The 5-year total return is -10.8%, with dividends contributing 9.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $10,687 today.
WMG Recent Dividend Payments
Last 20 payments · Annual
TTM Total$3.33
Avg/Payment$0.1665
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 18, 2026Latest | $0.1900 | — | 2.56% | Mar 3, 2026 |
| Nov 19, 2025 | $0.1900 | — | 2.43% | Dec 2, 2025 |
| Aug 20, 2025 | $0.1900 | ↑ +5.6% | 2.25% | Sep 3, 2025 |
| May 27, 2025 | $0.1800 | — | 2.75% | Jun 3, 2025 |
| Feb 24, 2025 | $0.1800 | — | 1.99% | Mar 4, 2025 |
| Nov 19, 2024 | $0.1800 | — | 2.13% | Dec 3, 2024 |
| Aug 27, 2024 | $0.1800 | ↑ +5.9% | 2.37% | Sep 4, 2024 |
| May 22, 2024 | $0.1700 | — | 2.17% | Jun 3, 2024 |
WMG Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
2.4%
#1 of 5
Safety
Sustainable
1.0% payout
Streak
5Y
25.3% 5Y CAGR
Total Shareholder
2.5%
#1 of 5
SONY
AAPL
GOOGL
IHRTWMG Annual Dividend History (2002–2026)
25 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.19 | — | 1 | — | — | — | 0.5% |
| 2025 | $0.74 | 5.7% | 4 | $0.70 | 105.7% | 0.95x | 2.0% |
| 2024 | $0.70 | 6.1% | 4 | $0.84 | 83.3% | 1.20x | 1.9% |
| 2023 | $0.66 | 6.5% | 4 | $0.82 | 80.5% | 1.24x | 1.8% |
| 2022 | $0.62 | 14.8% | 4 | $1.06 | 58.5% | 1.71x | 1.7% |
| 2021 | $0.54 | 125.0% | 4 | $0.58 | 93.1% | 1.07x | 1.5% |
| 2020 | $0.24 | — | 2 | $-0.93 | — | — | 0.7% |
| 2019 | $0.00 | — | 0 | $0.50 | — | — | — |
| 2018 | $0.00 | — | 0 | $0.62 | — | — | — |
| 2017 | $0.00 | — | 0 | $0.28 | — | — | — |
Full WMG Stock Analysis
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Start ComparisonWMG — Frequently Asked Questions
Quick answers to the most common questions about buying WMG stock.
How much dividend does WMG pay per share?
Warner Music Group Corp. (WMG) pays a trailing 12-month dividend of $0.74 per share, with a current dividend yield of +2.4%. Payments are made Annual.
When is WMG's next ex-dividend date?
WMG's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WMG typically pays dividends Annual.
Is WMG's dividend safe?
WMG's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.0% and FCF payout ratio of +73.8%. The 5-year growth streak provides moderate confidence.
Is WMG a Dividend Payer?
Yes, Warner Music Group Corp. is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +25.3%, demonstrating above-inflation dividend growth.
How often does WMG pay dividends?
Warner Music Group Corp. pays dividends Annual. The trailing 12-month total is $0.74 per share. Dividend data on this page covers 6+ years from 2020 to 2026.
How much would $10,000 invested in WMG grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WMG five years ago would be worth approximately $8,921 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WMG's yield on cost for long-term holders?
WMG's yield on cost — the current dividend divided by the original purchase price — is +2.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.4% market yield, thanks to consistent dividend growth.