Warner Music Group (NASDAQ:WMG) Will Pay A Dividend Of $0.18 [Yahoo! Finance]
Warner Music Group Corp. - Class A (WMG)
Company Research
Source: Yahoo! Finance
The dividend yield will be 2.2% based on this payment which is still above the industry average. See our latest analysis for Warner Music Group While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Prior to this announcement, Warner Music Group was quite comfortably covering its dividend with earnings and it was paying more than 75% of its free cash flow to shareholders. By paying out so much of its cash flows, this could indicate that the company has limited opportunities for investment and growth. The next year is set to see EPS grow by 70.4%. If the dividend continues on this path, the payout ratio could be 51% by next year, which we think can be pretty sustainable going forward. The company has maintained a consistent dividend for a few years now, but we would like to see a longer track record before relying on it. The dividend has gone from an annual total of $0.48 in 2020 to the most recent total annual payment of
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- Experian Accelerates Identity and Activation Capabilities With Acquisition of Audigent [Yahoo! Finance]Yahoo! Finance
- Warner Music Group Corp. (NASDAQ: WMG) had its "buy" rating re-affirmed by analysts at Guggenheim. They now have a $44.00 price target on the stock.MarketBeat
- Warner Music Group Corp. (NASDAQ: WMG) had its price target raised by analysts at Citigroup Inc. from $31.00 to $34.00. They now have a "neutral" rating on the stock.MarketBeat
- A Look Back at Media Stocks' Q3 Earnings: Warner Music Group (NASDAQ:WMG) Vs The Rest Of The Pack [Yahoo! Finance]Yahoo! Finance
WMG
Earnings
- 11/21/24 - Miss
WMG
Sec Filings
- 12/11/24 - Form 144
- 12/10/24 - Form 144
- 12/9/24 - Form 144
- WMG's page on the SEC website