Warner Music Group Corp. (WMG) Dividends
Dividend Yield and Dividend History Highlights
- In terms of debt burden relative to earnings, WMG has an EBITDA to net debt ratio of 0.07, ranking above just 10.24% stocks in our set.
- Free cash flow for WMG has increased for the 5th consecutive quarter.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with WMG's price: BMA, NEM, ISSC, ATHM and DLR.
WMG Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $32.21 | $17.61 | -52.94% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for WMG, the DDM model generated by StockNews estimates a return of negative 52.94% in comparison to its current price. Digging deeper, the aspects of Warner Music Group Corp's dividend discount model that we found most interesting were:
- Relative to all dividend yielding stocks in our set, Warner Music Group Corp's dividend yield of 1.6% is in the bottom 31.59%.
- Regarding its relative worth based on the dividend discount model, WMG's provides a return of -52.94% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 30.03% of all stocks we measured with our dividend discount model.
- Beta tells us how volatile a stock's price is relative to the broader equity index; as for WMG, approximately 30.32% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
WMG Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-08-27 | Dividend | $0.18 | +5.88% |
| 2024-05-22 | Dividend | $0.17 | -- |
| 2024-02-21 | Dividend | $0.17 | -- |
| 2023-11-20 | Dividend | $0.17 | -- |
| 2023-08-23 | Dividend | $0.17 | +6.25% |
| 2023-05-22 | Dividend | $0.16 | -- |
| 2023-02-17 | Dividend | $0.16 | -- |
| 2022-11-21 | Dividend | $0.16 | -- |
| 2022-08-23 | Dividend | $0.16 | +6.67% |
| 2022-05-20 | Dividend | $0.15 | -- |
| 2022-02-17 | Dividend | $0.15 | -- |
| 2021-11-22 | Dividend | $0.15 | -- |
| 2021-08-24 | Dividend | $0.15 | +25.00% |
| 2021-05-21 | Dividend | $0.12 | -- |
| 2021-02-19 | Dividend | $0.12 | -- |
| 2020-11-23 | Dividend | $0.12 | -- |
| 2020-08-24 | Dividend | $0.12 | -- |
WMG Dividends vs. Peers
WMG's dividend yield currently ranks #14 of 15 vs. its peers in the Entertainment - Movies/Studios category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | RDBX | Redbox Entertainment Inc. | 0.00% |
| 2 | ESGC | Eros STX Global Corp. | 0.00% |
| 3 | LGF.B | Lions Gate Entertainment Corporation Class B Non-Voting Shares | 0.00% |
| 4 | CNK | Cinemark Holdings Inc. | 0.00% |
| 5 | AMC | AMC Entertainment Holdings, Inc. | 0.00% |
| 6 | TWX | Time Warner Inc. New | 0.00% |
| 7 | RDI | Reading International Inc - Class A Non-voting | 0.00% |
| 8 | LGF.A | Lions Gate Entertainment Corp. Cl A | 0.00% |
| 9 | YVR | Liquid Media Group Ltd. | 0.00% |
| 10 | IMAX | Imax Corporation | 0.00% |
| 11 | EROS | Eros International PLC A Ordinary Shares | 0.00% |
| 12 | CIDM | Cinedigm Corp - | 0.00% |
| 13 | IPIC | iPic Entertainment Inc. - | 0.00% |
| 14 | WMG | Warner Music Group Corp. | 0.00% |
| 15 | NCMI | National CineMedia, Inc. | 0.00% |