Warner Music Group Corp. dividend history

Warner Music Group Corp. paid $383m in dividends in fiscal 2025. That was 104.9% of net income.

Dividends, buybacks and capital spending

FY2026 Q3 TTM

Buybacks (TTM): $61M
Dividends (TTM): $400M
Returned to shareholders: 55%; of free cash flow
Buybacks, last 3 fiscal years: $16M
Total shareholder yield: 10.1%; dividends 8.7% + buybacks 1.3% of market value
Dividend payout ratio: 60%; of net income paid out
Sales & admin spending: 25.7%; of revenue
Days sales outstanding: 80 days; receivables vs revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Warner Music Group Corp.: dividends by fiscal year, annual
Fiscal year	2010Sept 2010	2012Sept 2012	2013Sept 2013	2014Sept 2014	2015Sept 2015	2016Sept 2016	2017Sept 2017	2018Sept 2018	2019Sept 2019	2020Sept 2020	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025	LTMJun 2026
Dividends paid	—	—	—	—	—	—	84	925	94	344	265	318	340	361	383	400
Share buybacks	—	—	—	—	—	—	—	—	—	—	—	—	0	0	16	61
Dividends ÷ net income	—	—	—	—	—	—	58.7%	301.3%	36.7%	—	87.2%	57.7%	79.1%	83.0%	104.9%	59.5%
Dividends ÷ free cash flow	—	—	—	—	—	—	17.1%	263.5%	31.8%	91.0%	48.6%	52.4%	60.7%	56.6%	71.1%	47.8%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

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Figures from Warner Music Group Corp.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Warner Music Group Corp.