GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Warner Music Group Corp (NAS:WMG) » Definitions » Forward Dividend Yield %

Warner Music Group (Warner Music Group) Forward Dividend Yield % : 2.03% (As of May. 03, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Warner Music Group Forward Dividend Yield %?

As of today (2024-05-03), the Forward Annual Dividend Yield of Warner Music Group is 2.03%.

As of today (2024-05-03), the Trailing Annual Dividend Yield of Warner Music Group is 2.00%.

WMG's Forward Dividend Yield % is ranked worse than
69.25% of 387 companies
in the Media - Diversified industry
Industry Median: 3.26 vs WMG: 2.03

Warner Music Group's Dividends per Share for the three months ended in Dec. 2023 was $0.17.

During the past 12 months, Warner Music Group's average Dividends Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 75.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Warner Music Group was 75.60% per year. The lowest was 75.60% per year. And the median was 75.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Warner Music Group's Forward Dividend Yield %

For the Entertainment subindustry, Warner Music Group's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Warner Music Group's Forward Dividend Yield % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Warner Music Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Warner Music Group's Forward Dividend Yield % falls into.



Warner Music Group Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Warner Music Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1700002024-02-212024-02-222024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1700002023-11-202023-11-212023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1700002023-08-232023-08-242023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1600002023-05-222023-05-232023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Warner Music Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.68/33.22
=2.05 %

Current Share Price is $33.22.
Warner Music Group's Dividends per Share for the forward twelve months is calculated as $0.17 * 4 = $0.68.

Warner Music Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.67/33.22
=2.02 %

Current Share Price is $33.22.
Warner Music Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.67.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Warner Music Group  (NAS:WMG) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Warner Music Group Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Warner Music Group's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Warner Music Group (Warner Music Group) Business Description

Traded in Other Exchanges
Address
1633 Broadway, New York, NY, USA, 10019
Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over 1 million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
Executives
Max Lousada director, officer: CEO, Recorded Music C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Carletta Higginson officer: EVP, Chief Digital Officer C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Bryan Castellani officer: Chief Financial Officer C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Valentin Blavatnik director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Entertainment Holdings Ii Llc 10 percent owner 40 WEST 57TH STREET, 28TH FLOOR, NEW YORK NY 10019
Lincoln E Benet director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Timothy Matusch officer: EVP Strategy & Operations C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Robert Kyncl officer: Co-CEO C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Nancy Dubuc director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Ai Entertainment Holdings Llc 10 percent owner C/O ACCESS INDUSTRIES, LLC, 40 WEST 57TH ST, 28TH FLR, NEW YORK NY 10019
Louis Dickler officer: Acting CFO & Corp. Contr. C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Noreena Hertz director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Cecelia Kurzman director 237 PARK AVENUE, REVLON, 14TH FLOOR, NEW YORK NY 10017
Thomas H Lee director C/O THOMAS H. LEE CAPITAL LLC, 767 FIFTH AVENUE, 6TH FLOOR, NEW YORK NY 10153
Michael Lynton director 2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067