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WMG Dividend Calculator

Warner Music Group Corp. yields 2.84%, close to the 2.92% median across US dividend payers — a rate that is unremarkable in itself, which puts the weight on how reliably it is paid rather than on how large it is. The figures below convert it into cash at a range of investment sizes.

WMG paid $0.77 per share over the last twelve months on a quarterly schedule. Enter any amount below, or use the worked figures.

Your investment

WMG

Warner Music Group Corp.

2.84%

yield

$27.14 per shareQuarterlyStock
$
10 years
11530

Dividend income

$10,000 in WMG pays you

$283.71

per year

Paid each quarter
$70.93
Monthly average
$23.64
Shares bought
368.46
Payments a year
4

Total over 10 years, taken as cash

$2,837.14

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Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.

WMG dividend income by investment amount

Based on the current yield of 2.84%. Figures are before tax and assume the dividend stays at its present level.

Dividend income from WMG at a range of investment amounts.
InvestedPer yearPer paymentMonthly average
$1,000$28.37$7.09$2.36
$5,000$141.86$35.46$11.82
$10,000$283.71$70.93$23.64
$25,000$709.29$177.32$59.11
$50,000$1,418.57$354.64$118.21
$100,000$2,837.14$709.29$236.43

WMG with dividends reinvested

$10,000 in WMG, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.

After 10 years
$13,267

$12,837 taking the income as cash

After 20 years
$17,602

$15,674 taking the income as cash

After 30 years
$23,353

$18,511 taking the income as cash

Model WMG with dividend growth →

What makes up WMG's 2.84% yield

WMG paid $0.77 per share over the last twelve months against a share price of $27.14, which is where the 2.84% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.

A yield near the median tells you little on its own, so the number worth pairing it with is the payout ratio: at 0.89, roughly 89% of WMG's earnings are committed to the dividend and the remaining 11% is retained. Two companies on identical yields can sit at opposite ends of that range, and it is the difference between a payment with room to absorb a weak year and one without.

Telecom dividends are funded from cash flows that carry heavy, continuous network capital spending ahead of them. That spending is not discretionary, which is what makes the payout ratio the number to watch in this sector.

When WMG pays, and what that changes

WMG pays quarterly, the standard schedule for US-listed payers, so the "per payment" column is one quarter of the annual figure and the "monthly average" column is a smoothed figure rather than a description of when cash arrives — nothing is paid in eight months of the year.

Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. WMG's full schedule and payment history are on its dividend page.

Is WMG's dividend covered by earnings?

WMG's payout ratio of 0.89 means about 89% of earnings are committed to the dividend. That is within earnings but a narrower margin than the sub-0.60 range generally considered comfortable, so a weaker year absorbs more of the cover.

A low ratio is the norm rather than an achievement in this part of the market: the dividend is a secondary use of cash behind reinvestment and buybacks, so most of what is retained is not being held back against a weak year — it is being spent elsewhere.

The figures hold the dividend flat. WMG has raised its payment in each of the last 5 years, which is a shorter record than the multi-decade streaks found among the longest-standing payers, and not yet long enough to have been tested across a full cycle.

WMG dividend calculator FAQ

How much does $10,000 in WMG pay in dividends?
At WMG's current yield of 2.84%, $10,000 pays about $283.71 a year — roughly $70.93 per payment, paid quarterly, or $23.64 a month averaged out.
What would WMG be worth after 10 years with dividends reinvested?
Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in WMG would grow to about $13,267 after 10 years, against $12,837 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
How often does WMG pay dividends?
WMG pays quarterly — 4 payments a year — based on its actual payment history rather than an assumed schedule.
Is WMG's dividend guaranteed?
No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check WMG's full payment history before relying on any of it.

More on WMG

Warner Music Group Corp. is a common stock trading at $27.14 per share, paying quarterly. — All figures before tax. Not financial advice.