WMG Warner Music Group Corp.

$23.73-0.71%
C
Dividend Yield3.16%
Annual Dividend$0.75
Payout Ratio
High127.40%
Consecutive Years6 yrs
Frequencyquarterly
Next Ex-Date
N/A

Dividend Grades

vs Communication Services sector
C
Overall
C+
Yield
A
Growth
F
Safety
C+
Consistency
D
Performance
MetricWMGSector Median
Dividend Yield3.16%3.22%
Dividend Growth (5Y)25.26%3.14%
Payout Ratio127.4%36.4%
Consecutive Years Paid711
1Y Total Return-23.2%7.4%

Grades compare this stock to Communication Services sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →

1-Year Growth

5.71%

3-Year Growth

6.08%

5-Year Growth

25.26%

10-Year Growth

N/A

Key Dividend Dates

Next Ex-Date

N/A

Next Payment

N/A

Last Ex-Date

Feb 18, 2026

Last Payment

Mar 3, 2026

Dividend History

Ex-DateAmountChange
Feb 18, 2026$0.19000.00%
Nov 19, 2025$0.19000.00%
Aug 20, 2025$0.1900+5.56%
May 27, 2025$0.18000.00%
Feb 24, 2025$0.18000.00%
Nov 19, 2024$0.18000.00%
Aug 27, 2024$0.1800+5.88%
May 22, 2024$0.17000.00%
Feb 21, 2024$0.17000.00%
Nov 20, 2023$0.17000.00%
Aug 23, 2023$0.1700+6.25%
May 22, 2023$0.16000.00%
Feb 17, 2023$0.16000.00%
Nov 21, 2022$0.16000.00%
Aug 23, 2022$0.1600+6.67%
May 20, 2022$0.15000.00%
Feb 17, 2022$0.15000.00%
Nov 22, 2021$0.15000.00%
Aug 24, 2021$0.1500+25.00%
May 21, 2021$0.12000.00%

Payout Ratio (Earnings)

127.4%

High

FCF Payout Ratio

74.6%

Moderate

Financial Snapshot

PeriodEPSFCF
Q1 2026$0.34$390.00M
Q1 2025N/AN/A
Q2 2025$0.07-$46.00M
Q3 2025$-0.03-$25.00M

Analyst Ratings (Last 90 Days)

Buy: 0Hold: 2Sell: 0

Peer Comparison

SymbolCompanyYield
DISThe Walt Disney Company1.26%
FOXAFox Corporation0.97%
FOXFox Corporation1.08%
TKOTKO Group Holdings, Inc.1.44%
NWSNews Corporation0.74%

Frequently Asked Questions

Does Warner Music Group Corp. pay a dividend?

Yes, Warner Music Group Corp. (WMG) pays a quarterly dividend with a yield of 3.16%.

What is WMG's dividend yield?

WMG's current dividend yield is 3.16%. The annual dividend is $0.75.

When is WMG's next ex-dividend date?

The next ex-dividend date for WMG has not been announced yet.

How many years has Warner Music Group Corp. increased its dividend?

Warner Music Group Corp. has increased its dividend for 6 consecutive years.

About this data

Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.

Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.

Consecutive years — calendar years with a higher total annual dividend than the prior year.

Growth rates — annualized, comparing the most recent full year total to the total N years prior.

For informational purposes only. Not investment advice.

Data as of March 22, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.