Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 100,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.
Warner Music Dividend Announcement
• Warner Music announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-08-27
• Warner Music annual dividend for 2024 was $0.52
• Warner Music annual dividend for 2023 was $0.66
• Warner Music's trailing twelve-month (TTM) dividend yield is 2.15%
• Warner Music's payout ratio for the trailing twelve months (TTM) is 65.20%
Warner Music Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-27 | $0.18 | quarterly | 2024-09-04 |
2024-05-22 | $0.17 | quarterly | 2024-06-03 |
2024-02-21 | $0.17 | quarterly | 2024-03-01 |
2023-11-20 | $0.17 | quarterly | 2023-12-01 |
2023-08-23 | $0.17 | quarterly | 2023-09-01 |
2023-05-22 | $0.16 | quarterly | 2023-06-01 |
2023-02-17 | $0.16 | quarterly | 2023-03-01 |
2022-11-21 | $0.16 | quarterly | 2022-12-01 |
2022-08-23 | $0.16 | quarterly | 2022-09-01 |
2022-05-20 | $0.15 | quarterly | 2022-06-01 |
2022-02-17 | $0.15 | quarterly | 2022-03-01 |
2021-11-22 | $0.15 | quarterly | 2021-12-01 |
2021-08-24 | $0.15 | quarterly | 2021-09-01 |
2021-05-21 | $0.12 | quarterly | 2021-06-01 |
2021-02-19 | $0.12 | quarterly | 2021-03-01 |
2020-11-23 | $0.12 | quarterly | 2020-12-01 |
2020-08-24 | $0.12 | quarterly | 2020-09-01 |
Warner Music Dividend per year
Warner Music Dividend growth
Warner Music Dividend Yield
Warner Music current trailing twelve-month (TTM) dividend yield is 2.15%. Interested in purchasing Warner Music stock? Use our calculator to estimate your expected dividend yield:
Warner Music Financial Ratios
Warner Music Dividend FAQ
Other factors to consider when evaluating Warner Music as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Warner Music's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Warner Music publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Warner Music distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Warner Music are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Warner Music sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Warner Music distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Warner Music declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Warner Music's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Warner Music's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.