# Warner Music (WMG) — Dividends

WMG · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/wmg/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $0.77 |
| Forward yield | 2.51% |
| 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.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Aug 20, 2026 | Sep 1, 2026 | $0.20 |
| May 26, 2026 | Jun 2, 2026 | $0.19 |
| Feb 18, 2026 | Mar 3, 2026 | $0.19 |
| Nov 19, 2025 | Dec 2, 2025 | $0.19 |
| Aug 20, 2025 | Sep 3, 2025 | $0.19 |
| May 27, 2025 | Jun 3, 2025 | $0.18 |
| Feb 24, 2025 | Mar 4, 2025 | $0.18 |
| Nov 19, 2024 | Dec 3, 2024 | $0.18 |
| Aug 27, 2024 | Sep 4, 2024 | $0.18 |
| May 22, 2024 | Jun 3, 2024 | $0.17 |
| Feb 21, 2024 | Mar 1, 2024 | $0.17 |
| Nov 20, 2023 | Dec 1, 2023 | $0.17 |
| Aug 23, 2023 | Sep 1, 2023 | $0.17 |
| May 22, 2023 | Jun 1, 2023 | $0.16 |
| Feb 17, 2023 | Mar 1, 2023 | $0.16 |
| Nov 21, 2022 | Dec 1, 2022 | $0.16 |
| Aug 23, 2022 | Sep 1, 2022 | $0.16 |
| May 20, 2022 | Jun 1, 2022 | $0.15 |
| Feb 17, 2022 | Mar 1, 2022 | $0.15 |
| 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](https://www.lighthorse.io/instructions/learning/dividend-yield)

### 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](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### 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.

Data provided by [AInvest](https://www.ainvest.com).