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Universal Music Group NV (XAMS:UMG) Forward Dividend Yield %

: 2.01% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of Universal Music Group NV is 2.01%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Universal Music Group NV is 1.90%.

XAMS:UMG's Forward Dividend Yield % is ranked worse than
68.73% of 387 companies
in the Media - Diversified industry
Industry Median: 3.33 vs XAMS:UMG: 2.01

Universal Music Group NV's Dividends per Share for the six months ended in Jun. 2023 was €0.27.

During the past 12 months, Universal Music Group NV's average Dividends Per Share Growth Rate was 27.50% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Entertainment subindustry, Universal Music Group NV'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.


Universal Music Group NV Forward Dividend Yield % Distribution

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

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



Universal Music Group NV Forward Dividend Yield % Calculation

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

Universal Music Group NV Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
EUR 0.2402023-10-042023-10-052023-10-27Cash Dividendsemi-annuallyEUR:EUR 1.000000
EUR 0.2702023-05-152023-05-162023-06-06Cash Dividendsemi-annuallyEUR:EUR 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.48/26.78
=1.79 %

Current Share Price is €26.78.
Universal Music Group NV's Dividends per Share for the forward twelve months is calculated as €0.24 * 2 = €0.48.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.51/26.78
=1.90 %

Current Share Price is €26.78.
Universal Music Group NV's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.51.

* 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.


Universal Music Group NV  (XAMS:UMG) 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.


Universal Music Group NV Forward Dividend Yield % Related Terms

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Universal Music Group NV (XAMS:UMG) Business Description

Traded in Other Exchanges
Address
Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW
Universal Music Group is the largest of the three major global record labels with Sony Music in second and Warner Music in third. Universal's larger segment, recorded music, consists of iconic labels like Interscope, Capitol Music, Decca, EMI, and Motown and popular artists such as Drake, Taylor Swift, J Balvin, and Luke Bryan. Universal Music Publishing Group owns and administers almost 4 million compositions and is the second-largest music publisher behind Sony. Universal Music was spun out of Vivendi in September 2021, with 60% distributed to Vivendi shareholders, 20% to Tencent, 10% to Pershing Square Capital, and 10% remaining at Vivendi.

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