Universal Music Group N.V.
UMGNFCommunication Services · Stock · semiannual payer
Forward Yield
3.11%
Annual Dividend
$0.65
Payout Ratio
63%
5-Yr Growth
—
Ex-Date
May 20, 2026
Frequency
Semiannual
Summary
As of July 2026, Universal Music Group N.V. (UMGNF) yields 3.11% ($0.65 per share annually), with a blended fair-value estimate of $19.55 — -6% downside, so it screens as fairly valued. Dividend safety grade: C (65/100). 3 years of dividend growth.
Is UMGNF a good dividend stock?
Yes, with caveatsUniversal Music Group N.V. (UMGNF) pays a semiannual dividend yielding 3.11% ($0.65/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.11%
- Payout Ratio
- 63%
- Annual Dividend
- $0.65
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 20, 2026
- Years of Growth
- 3
- Frequency
- semiannual
- Beta
- 0.80
- Market Cap
- $38.4B
- P/E Ratio
- 21.9
- 5-Yr Total Return
- -23%
- 52-Week Range
- $17.36 – $31.15
- Dividend Safety
- C · 65/100
- Ever Cut?
- No
Frequently Asked Questions
UMGNF Price — Last 12 Months
Daily close
Price Return
1 Year
-26%
3 Years
-16%
5 Years
-23%
52-Week Range
$17.36 – $31.15
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is UMGNF worth?
Fairly valuedhigh confidenceOur blended fair-value estimate for Universal Music Group N.V. is $19.55 per share, versus a market price of $20.84. That implies the stock is roughly fairly priced.
Fair Value
$19.55
Current Price
$20.84
Gap
-6%
Margin of Safety
-7%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 12.9% annual free-cash-flow growth. We model 10.4% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.3% discount rate (CAPM), 10.4% stage-1 growth, 2.5% terminal growth, $0.95 EPS, $0.65 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
UMGNF Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 6, 2025 | — | $0.2820 | regular |
| May 21, 2025 | — | $0.3160 | regular |
| Oct 2, 2024 | — | $0.2660 | regular |
| May 20, 2024 | — | $0.2940 | regular |
| Oct 4, 2023 | — | $0.2510 | regular |
| May 15, 2023 | — | $0.2930 | regular |
| Oct 5, 2022 | — | $0.2400 | regular |
| May 16, 2022 | — | $0.2080 | regular |
| Oct 25, 2021 | — | $0.2330 | regular |
Income Calculator
At $0.65 / yr per share
