Warner Music Group (Warner Music Group) Dividend Payout Ratio : 0.62 (As of Dec. 2023)

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

What is Warner Music Group Dividend Payout Ratio?

Warner Music Group's dividend payout ratio for the months ended in Dec. 2023 was 0.62.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Warner Music Group Corp is 0.77, which seems too high.

The historical rank and industry rank for Warner Music Group's Dividend Payout Ratio or its related term are showing as below:

WMG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.58 Med: 0.79 Max: 0.84
Current: 0.77

During the past 13 years, the highest Dividend Payout Ratio of Warner Music Group was 0.84. The lowest was 0.58. And the median was 0.79.

WMG's Dividend Payout Ratio is ranked worse than
76.58% of 333 companies
in the Media - Diversified industry
Industry Median: 0.41 vs WMG: 0.77

As of today (2024-04-25), the Dividend Yield % of Warner Music Group is 2.05%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Warner Music Group was 2.68%. The lowest was 0.32%. And the median was 1.82%.

Warner Music Group's Dividends per Share for the 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.

Warner Music Group Dividend Payout Ratio Historical Data

The historical data trend for Warner Music Group's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Warner Music Group Dividend Payout Ratio Chart

Warner Music Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.84

0.58

0.79

Warner Music Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.93	2.67	0.68	0.59	0.62

Competitive Comparison of Warner Music Group's Dividend Payout Ratio

For the Entertainment subindustry, Warner Music Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Warner Music Group's Dividend Payout Ratio falls into.

Warner Music Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Warner Music Group's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2023 )	/	EPS without NRI (A: Sep. 2023 )
	=	0.65	/	0.824
	=	0.79

Warner Music Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.17	/	0.276
	=	0.62

Warner Music Group (NAS:WMG) Dividend Payout Ratio Explanation

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.

Warner Music Group Dividend Payout Ratio Related Terms

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

Warner Music Group (Warner Music Group) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

WA4:Germany WA4:Germany W1MG34:Brazil

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.wmg.com

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