Warner Music Group Corp.
WMGCommunication Services · Stock · quarterly payer
$30.00
Add to PortfolioForward Yield
2.53%
Annual Dividend
$0.76
Payout Ratio
89%
5-Yr Growth
9.0%
Ex-Date
May 26, 2026
Frequency
Quarterly
WMG Dividend Safety Score
67/ 100
Grade B
Safe
Dividend-growth streak4 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage89% of earnings paid out
Free-cash-flow coverage26% of free cash flow
Balance-sheet strengthDebt/equity of 5.08
Yield vs its historyYield in line with its history
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
Is WMG a good dividend stock?
Yes, with caveatsWarner Music Group Corp. (WMG) pays a quarterly dividend yielding 2.53% ($0.76/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Strong 9.0% 5-yr dividend growth
Risks
- Elevated payout ratio (89%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.53%
- Payout Ratio
- 89%
- Annual Dividend
- $0.76
- 5-Yr Avg Growth
- 9.0%
- Ex-Dividend Date
- May 26, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 1.27
- Market Cap
- $15.6B
- P/E Ratio
- 35.7
- 5-Yr Total Return
- -17%
- 52-Week Range
- $23.34 – $35.42
- Dividend Safety
- B · 67/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 26, 2026 | — | $0.1900 | regular |
| Feb 18, 2026 | — | $0.1900 | regular |
| Nov 19, 2025 | — | $0.1900 | regular |
| Aug 20, 2025 | — | $0.1900 | regular |
| May 27, 2025 | — | $0.1800 | regular |
| Feb 24, 2025 | — | $0.1800 | regular |
| Nov 19, 2024 | — | $0.1800 | regular |
| Aug 27, 2024 | — | $0.1800 | regular |
| May 22, 2024 | — | $0.1700 | regular |
| Feb 21, 2024 | — | $0.1700 | regular |
| Nov 20, 2023 | — | $0.1700 | regular |
| Aug 23, 2023 | — | $0.1700 | regular |
| May 22, 2023 | — | $0.1600 | regular |
| Feb 17, 2023 | — | $0.1600 | regular |
Income Calculator
At $0.76 / yr per share
Per payment (quarterly)$19.00
Annual$76.00
Monthly avg$6.33
