Warner Music (WMG) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $0.77
- Forward yield
- 2.51%
- Payout ratio
- 50.3%
- Growth streak
- 4 years
Warner Music pays a quarterly dividend of $0.20 per share. Its most recent payment had an ex-date of August 20, 2026 and was paid on September 1, 2026. Over the trailing twelve months, it paid $0.77 per share, a yield of about 2.78% at a share price of $27.67.
The record shows a regular annual rhythm. Warner Music has raised its dividend once a year, each time with the payment that goes ex-dividend in August. The rate went from $0.15 to $0.16 in 2022, then to $0.17 in 2023, $0.18 in 2024, $0.19 in 2025 and $0.20 in 2026. Each raise was one cent, or roughly 5.3% to 6.7%. Since late 2021, the quarterly rate has grown about 33%. Payments by calendar year rose from $0.62 in 2022 to $0.74 in 2025. The company has now increased its dividend for four consecutive calendar years.
If the pattern holds, the next payment would go ex-dividend in mid to late November 2026 and be paid in early December. Past raises have come with the August payment, not the November one.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 5, 2026 | Aug 20, 2026 | Sep 1, 2026 | $0.20 |
| May 7, 2026 | May 26, 2026 | Jun 2, 2026 | $0.19 |
| Feb 5, 2026 | Feb 18, 2026 | Mar 3, 2026 | $0.19 |
| Nov 7, 2025 | Nov 19, 2025 | Dec 2, 2025 | $0.19 |
| Aug 7, 2025 | Aug 20, 2025 | Sep 3, 2025 | $0.19 |
| May 16, 2025 | May 27, 2025 | Jun 3, 2025 | $0.18 |
| Feb 14, 2025 | Feb 24, 2025 | Mar 4, 2025 | $0.18 |
| Nov 8, 2024 | Nov 19, 2024 | Dec 3, 2024 | $0.18 |
| Aug 15, 2024 | Aug 27, 2024 | Sep 4, 2024 | $0.18 |
| May 13, 2024 | May 22, 2024 | Jun 3, 2024 | $0.17 |
| Feb 12, 2024 | Feb 21, 2024 | Mar 1, 2024 | $0.17 |
| Nov 9, 2023 | Nov 20, 2023 | Dec 1, 2023 | $0.17 |
| Aug 14, 2023 | Aug 23, 2023 | Sep 1, 2023 | $0.17 |
| May 12, 2023 | May 22, 2023 | Jun 1, 2023 | $0.16 |
| Feb 10, 2023 | Feb 17, 2023 | Mar 1, 2023 | $0.16 |
| Nov 10, 2022 | Nov 21, 2022 | Dec 1, 2022 | $0.16 |
| Aug 12, 2022 | Aug 23, 2022 | Sep 1, 2022 | $0.16 |
| May 13, 2022 | May 20, 2022 | Jun 1, 2022 | $0.15 |
| Feb 8, 2022 | Feb 17, 2022 | Mar 1, 2022 | $0.15 |
| Nov 9, 2021 | Nov 22, 2021 | Dec 1, 2021 | $0.15 |
Frequently asked questions
Does Warner Music (WMG) pay a dividend?
Yes. Warner Music pays a quarterly dividend; the most recent payment was $0.20 per share.
What is WMG's dividend yield?
Warner Music paid $0.77 per share over the trailing twelve months, a yield of 2.51% at the last price of $30.69. Click here to learn more
When is WMG's most recent ex-dividend date?
Warner Music's most recent ex-dividend date is Aug 20, 2026, payable on Sep 1, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has WMG been raising its dividend?
Yes — Warner Music has increased its dividend for 4 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.