WMG Dividend History & Yield

Warner Music Group Corp. · NasdaqGS

Stock Communication Services Quarterly payer
$28.78
-2.61% today
as of Sep 9, 2026
TTM yield
2.68%
$0.77/share over the last 12 months
Forward yield
2.78%
$0.80/share indicated annual rate
Annual dividend
$0.80
per share, forward
Per payment
$0.20
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 19, 2026 Estimated
in 71 days
Next pay date
Nov 30, 2026
in 82 days
Last ex-dividend date
Aug 20, 2026
$0.20 per share
Payout ratio
61%
of earnings
Market cap
14.7B
P/E 22.4
5y dividend CAGR
+8.6%
annualised, regular payments
Growth streak
5 yrs
consecutive annual raises
Years paying
6.0
since Aug 24, 2020
1y total return
-11.4%
price -13.7% + dividends 2.3%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Nov 19, 2026 (in 71 days) Nov 30, 2026 $0.20 $20.00 Estimated
Thu, Feb 18, 2027 (in 162 days) Mar 1, 2027 $0.20 $20.00 Estimated
Thu, May 20, 2027 (in 253 days) May 31, 2027 $0.20 $20.00 Estimated
Thu, Aug 19, 2027 (in 344 days) Aug 30, 2027 $0.20 $20.00 Estimated

Estimated dates and amounts are projected from WMG's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.80 per share.

Dividend payment history

Last 25 payments per share. RegularSpecial

Last 25 payments per share from Aug 24, 2020 to Aug 20, 2026; most recent $0.20$0.00$0.125$0.25Aug 24, 2020: $0.12Aug '20Nov 23, 2020: $0.12Feb 19, 2021: $0.12May 21, 2021: $0.12Aug 24, 2021: $0.15Aug '21Nov 22, 2021: $0.15Feb 17, 2022: $0.15May 20, 2022: $0.15Aug 23, 2022: $0.16Aug '22Nov 21, 2022: $0.16Feb 17, 2023: $0.16May 22, 2023: $0.16Aug 23, 2023: $0.17Aug '23Nov 20, 2023: $0.17Feb 21, 2024: $0.17May 22, 2024: $0.17Aug 27, 2024: $0.18Aug '24Nov 19, 2024: $0.18Feb 24, 2025: $0.18May 27, 2025: $0.18Aug 20, 2025: $0.19Aug '25Nov 19, 2025: $0.19Feb 18, 2026: $0.19May 26, 2026: $0.19Aug 20, 2026: $0.20Aug '26

Annual dividends per share

Annual dividend per share by calendar year, 2020 to 2026 (year to date)$0.00$0.40$0.802020: $0.24$0.2420202021: $0.54$0.5420212022: $0.62$0.6220222023: $0.66$0.6620232024: $0.70$0.7020242025: $0.74$0.7420252026 (YTD): $0.58$0.582026 YTD

How much WMG do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,500$43,170$1,200
$500 / month7,500$215,850$6,000
$1,000 / month15,000$431,700$12,000

Based on the forward yield of 2.78%. $10,000 in WMG would currently pay about $278 a year ($23 a month on average). Model reinvestment and growth →

WMG dividend history

Ex-datePay dateAmountChange
Aug 20, 2026 Sep 1, 2026 $0.20 +5.3%
May 26, 2026 Jun 2, 2026 $0.19 +0.0%
Feb 18, 2026 Mar 3, 2026 $0.19 +0.0%
Nov 19, 2025 Dec 2, 2025 $0.19 +0.0%
Aug 20, 2025 Sep 3, 2025 $0.19 +5.6%
May 27, 2025 Jun 3, 2025 $0.18 +0.0%
Feb 24, 2025 Mar 4, 2025 $0.18 +0.0%
Nov 19, 2024 Dec 3, 2024 $0.18 +0.0%
Aug 27, 2024 Sep 4, 2024 $0.18 +5.9%
May 22, 2024 Jun 3, 2024 $0.17 +0.0%
Feb 21, 2024 Mar 1, 2024 $0.17 +0.0%
Nov 20, 2023 Dec 1, 2023 $0.17 +0.0%
Aug 23, 2023 Sep 1, 2023 $0.17 +6.2%
May 22, 2023 Jun 1, 2023 $0.16 +0.0%
Feb 17, 2023 Mar 1, 2023 $0.16 +0.0%
Nov 21, 2022 Dec 1, 2022 $0.16 +0.0%
Aug 23, 2022 Sep 1, 2022 $0.16 +6.7%
May 20, 2022 Jun 1, 2022 $0.15 +0.0%
Feb 17, 2022 Mar 1, 2022 $0.15 +0.0%
Nov 22, 2021 Dec 1, 2021 $0.15 +0.0%
Aug 24, 2021 Sep 1, 2021 $0.15 +25.0%
May 21, 2021 Jun 1, 2021 $0.12 +0.0%
Feb 19, 2021 Mar 1, 2021 $0.12 +0.0%
Nov 23, 2020 Dec 1, 2020 $0.12 +0.0%

WMG dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Aug 20, 2026 Raised 5.3% $0.19 $0.20 Paid
Aug 20, 2025 Raised 5.6% $0.18 $0.19 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

WMG scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Warner Music Group Corp.

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials.

Sector: Communication Services. Industry: Entertainment. First dividend on our records: Aug 24, 2020. 25 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

WMG dividend FAQ

When is WMG's next ex-dividend date?

WMG's next ex-dividend date is Nov 19, 2026 (in 71 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.20 per share, expected on Nov 30, 2026.

How often does WMG pay dividends?

WMG pays dividends every quarter, 4 times a year. The most recent payment was $0.20 per share with an ex-date of Aug 20, 2026.

What is WMG's dividend yield?

WMG's trailing 12-month dividend yield is 2.68%, based on $0.77 per share paid over the last year and a share price of $28.78. The forward yield, using the indicated annual rate of $0.80 per share, is 2.78%.

How much does WMG pay per share?

WMG pays about $0.20 per share each quarter, which works out to roughly $0.80 per share a year. 100 shares would collect about $80.00 a year.

Has WMG grown or cut its dividend?

WMG has raised its annual dividend for 5 consecutive years. Over the last 5 years the regular payout has grown at 8.6% a year (+5.5% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of WMG do I need to earn $100 a month?

At the current forward yield of 2.78%, you would need about 1,500 shares of WMG (roughly $43,170 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

Similar dividend stocks