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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WMG
News
- Warner Music Group (WMG) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Why Warner Music Group (WMG) Shares Are Plunging Today [Yahoo! Finance]Yahoo! Finance
- Warner Music Q4 Earnings: Flat Digital Revenue Growth, Operating Cash Flow Falls [Yahoo! Finance]Yahoo! Finance
- Warner Music Quarterly Revenue Rises, But Earnings Shrink [Yahoo! Finance]Yahoo! Finance
- Warner Music Group's (NASDAQ:WMG) Q3: Beats On Revenue [Yahoo! Finance]Yahoo! Finance
WMG
Earnings
- 11/21/24 - Miss
WMG
Sec Filings
- 11/21/24 - Form S-3ASR
- 11/21/24 - Form 10-K
- 11/21/24 - Form 8-K
- WMG's page on the SEC website