# Warner Music Group Corp. (WMG): Dividend & Fundamentals

> Markdown mirror of https://www.dividenddata.com/stocks/wmg for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Sector: Communication Services · Industry: Entertainment
- Exchange: NASDAQ · Trading currency: USD

Warner Music Group Corp. (WMG), established in 1929 and based in New York City, functions as a prominent global entertainment enterprise primarily focused on music. Its operations span the United States, the United Kingdom, Germany, and numerous other international markets. The company's activities are organized into two distinct divisions: Recorded Music and Music Publishing. The Recorded Music division is dedicated to identifying and cultivating emerging musical talent. It handles the subsequent marketing, promotional campaigns, distribution logistics, sales, and licensing of the recordin...

## Quote & Key Metrics

As of 2026-10-23:

| Metric | Value |
|---|---|
| Price | $30.86 USD |
| Market Cap | $16.14B |
| P/E (TTM) | 24.49 |
| EPS (TTM) | $1.26 |
| 52-Week Range | $23.34 – $35.42 |
| Dividend Yield (TTM) | 2.50% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 2.50% |
| Annual Dividend (TTM) | $0.77 /share |
| Annual Dividend (Forward) | $0.80 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 6 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 5.3% / 5.6% / 5.9% / — |
| Payout Ratio (EPS, TTM) | 58.9% |
| Payout Ratio (FCF, TTM) | 48.7% |
| Payout Ratio (EPS, forward dividend) | 62.0% |
| Payout Ratio (FCF, forward dividend) | 51.3% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-08-20 | $0.2000 | 2026-09-01 |
| 2026-05-26 | $0.1900 | 2026-06-02 |
| 2026-02-18 | $0.1900 | 2026-03-03 |
| 2025-11-19 | $0.1900 | 2025-12-02 |
| 2025-08-20 | $0.1900 | 2025-09-03 |
| 2025-05-27 | $0.1800 | 2025-06-03 |
| 2025-02-24 | $0.1800 | 2025-03-04 |
| 2024-11-19 | $0.1800 | 2024-12-03 |
| 2024-08-27 | $0.1800 | 2024-09-04 |
| 2024-05-22 | $0.1700 | 2024-06-03 |
| 2024-02-21 | $0.1700 | 2024-03-01 |
| 2023-11-20 | $0.1700 | 2023-12-01 |

Full history: https://www.dividenddata.com/stocks/wmg/dividend

## Frequently Asked Questions

### What does Warner Music Group Corp. do?

Warner Music Group Corp. (WMG) operates in the Entertainment industry within the Communication Services sector. Full company description, peers, and segment breakdown are on the page above.

### What is WMG's market cap?

Warner Music Group Corp. (WMG) has a market capitalization of approximately $16.14 billion, as of October 23, 2026, based on the most recent share price and shares outstanding.

### Does WMG pay a dividend?

Yes, Warner Music Group Corp. (WMG) pays a dividend quarterly, with a trailing-twelve-month yield of 2.50%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does WMG pay dividends?

Warner Music Group Corp. pays dividends quarterly. The forward annual rate is $0.80 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is WMG's payout ratio?

Warner Music Group Corp.'s payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/wmg
- Dividend history & safety: https://www.dividenddata.com/stocks/wmg/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/wmg/earnings
- Financial statements: https://www.dividenddata.com/stocks/wmg/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/wmg/valuation
- Peer comparison: https://www.dividenddata.com/stocks/wmg/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.