How Many WMG Shares for $500 or $1,000 a Month?
At $0.80 a share a year, $500 a month takes about 7,500 WMG shares, about $235,725 at the Nov 10, 2026 close of $31.43. $1,000 a month takes about 15,000 shares, about $471,450. Before taxes, and only while the rate holds.
Warner Music Group (WMG) pays $0.20 a share quarterly, $0.80 a year, a 2.55% run-rate yield at the Nov 10, 2026 close of $31.43. It has paid since 2020 and raised its annual dividend 4 years in a row.
At today’s rate of $0.20 quarterly and the last close of $31.43, this is what WMG pays before taxes, if the rate stays where it is:
| You hold | Each payment | Per month (avg) | Per year |
|---|---|---|---|
| 1 share | $0.20 | $0.07 | $0.80 |
| 100 shares | $20.00 | $6.67 | $80.00 |
| $10,000 invested (318.2 shares) | $63.63 | $21.21 | $254.53 |
| 7,500 shares ($500/mo) | $1,500.00 | $500.00 | $6,000.00 |
| 15,000 shares ($1,000/mo) | $3,000.00 | $1,000.00 | $12,000.00 |
With DRIP on, every payment buys more shares instead of landing as cash. 100 WMG shares reinvest into 0.64 new shares each payment, about 2.6 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 158 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with WMG’s own history in the WMG DRIP calculator.
- Coverage (EPS): are profits enough to pay the dividend rating
- Coverage (FCF): is spare cash enough to pay the dividend rating
- Dividend vs cash flow + debt: is the dividend paid with borrowed money report
- Debt load: how much the balance sheet leans on borrowing rating
- Debt interest coverage: can profits easily pay the interest bill rating
- Earnings direction: are sales and profits growing or shrinking report
- Liquidity: is there cash for debts due this year rating
- Raise streak: how many years in a row it raised see details
- Years without a cut: how long since the last dividend cut see details
- Raise vs trend: are recent raises keeping their usual pace history
- Yield vs history: is today’s yield high or low versus its past rating
- Recession record: what the dividend did in past crashes history
WMG Dividend Yield Today vs Its 5-Year Range
- WMG yields 2.55% today, at the Nov 10, 2026 close of $31.43.
- Its own 6-year median is 2.14%, so today’s yield is above its usual level.
Where today ranks in its own history is in the paid report
How it works. Each month-end over the last 6 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.
When Is WMG’s Next Dividend? Ex-Date and Pay Date After August 2026
WMG has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Nov 19, 2026, with the cash around Nov 21, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.20 a share, went ex on Aug 20, 2026 and paid Aug 24, 2026.
- Ex-dates: about every 91 days (quarterly)
- Payment: usually about 2 days after the ex-date
- Next earnings report: Nov 19, 2026
Every payer going ex-dividend this week is on the dividend calendar.
How Often Does WMG Pay?
WMG pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Feb, May, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.
- Streak: 4 years of higher annual totals (through 2025)
- Last raise: Aug 20, 2026 - $0.19 to $0.20 (+$0.01, +5.26%)
- Usual $ step: $0.01 (median of the raises before it)
- EPS payout: 60.3% - $0.76 paid / $1.26 EPS (4 quarters to Jun 30, 2026); own 4-yr norm 74.2% (median of 12 earlier trailing years)
- FCF payout: 137.4% - $0.76 paid / $0.55 free cash flow per share (4 quarters to Jun 30, 2026); own 4-yr norm 67.9% (median of 12 earlier trailing years)
WMG vs Similar Dividend Stocks (NWS, TLSNF...)
Against the 10 dividend-paying Communication Services companies closest to WMG in market value, WMG’s 2.55% run-rate yield is below the group’s middle yield of 3.90%, and its raise streak of 4 years is the 2nd longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.
| Ticker | Dividend ⓘ | Yield | Safety Rating | Recessions ⓘ | No cut ⓘ |
|---|---|---|---|---|---|
| WMG $31.43Warner Music Group | $0.20/qtr$0.80/yr fwd | 2.55% | Dividend Safety Rating: paid plans only | — | 4+ yrsraised 4 yrs in a row |
| NWS $29.33News | $0.10/half-yr$0.20/yr fwd | 0.68% | Dividend Safety Rating: paid plans only | No cut in both2020 held2022 raisedno 2000/2008 record | 9+ yrsno raise streak |
| TLSNF $4.54Telia Company AB (publ) | $0.0516/qtr$0.21/yr fwd | 4.55% | Dividend Safety Rating: paid plans only | — | 0 yrsno raise streak |
| RCI $33.37Rogers Communications | $0.362/qtr$1.45/yr fwd | 4.34% | Dividend Safety Rating: paid plans only | Varied, no cut2008 varied2020 held2022 heldno 2000 record | 23+ yrsno raise streak |
| TKO $199.65TKO Group Holdings | $0.79/qtr$3.16/yr fwd | 1.58% | Dividend Safety Rating: paid plans only | — | 1 yrno raise streak |
| TIGO $86.76Millicom International Cellular S.A. | $0.75/qtr$3.00/yr fwd | 3.46% | Dividend Safety Rating: paid plans only | — | 1 yrno raise streak |
| TME $9.38Tencent Music Entertainment Group | $0.24/yr | 2.56% | Dividend Safety Rating: paid plans only | — | 1+ yrraised 1+ yr in a row |
| VIV $11.61Telefônica Brasil S.A. | $0.056/mo$0.67/yr fwd | 5.79% | Dividend Safety Rating: paid plans only | Varied, no cut2000 varied2008 varied2020 varied2022 varied | 4 yrsno raise streak |
| TU $8.92Telus | $0.136/qtr$0.54/yr fwd | 6.10% | Dividend Safety Rating: paid plans only | No cut in all 32008 raised2020 held2022 heldno 2000 record | 0 yrsraised 10 yrs in a row |
| BCE $21.49BCE | $0.315/qtr$1.26/yr fwd | 5.86% | Dividend Safety Rating: paid plans only | No cut in all 32000 held2020 held2022 heldno 2008 record | 0 yrsno raise streak |
| SKM $32.31SK Telecom Co. | $0.3339/half-yr$0.67/yr fwd | 2.07% | Dividend Safety Rating: paid plans only | Raised in all 42000 raised2008 raised2020 raised2022 raised | 4 yrsraised 1 yr in a row |
Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: WMG vs NWS, WMG vs TLSNF, WMG vs RCI.
WMG Dividend History: Every Payment Since 2020
| Ex-date | Pay date | Amount | Frequency | Type |
|---|---|---|---|---|
| Aug 20, 2026 | Aug 24, 2026 | $0.20 | Quarterly | Regular |
| May 26, 2026 | May 28, 2026 | $0.19 | Quarterly | Regular |
| Feb 18, 2026 | Feb 20, 2026 | $0.19 | Quarterly | Regular |
| Nov 19, 2025 | Nov 21, 2025 | $0.19 | Quarterly | Regular |
| Aug 20, 2025 | Aug 22, 2025 | $0.19 | Quarterly | Regular |
| May 27, 2025 | May 29, 2025 | $0.18 | Quarterly | Regular |
| Feb 24, 2025 | Feb 26, 2025 | $0.18 | Quarterly | Regular |
| Nov 19, 2024 | Nov 21, 2024 | $0.18 | Quarterly | Regular |
| Aug 27, 2024 | Aug 29, 2024 | $0.18 | Quarterly | Regular |
| May 22, 2024 | May 24, 2024 | $0.17 | Quarterly | Regular |
| Feb 21, 2024 | Feb 23, 2024 | $0.17 | Quarterly | Regular |
| Nov 20, 2023 | Nov 22, 2023 | $0.17 | Quarterly | Regular |
| Aug 23, 2023 | Aug 25, 2023 | $0.17 | Quarterly | Regular |
| May 22, 2023 | May 24, 2023 | $0.16 | Quarterly | Regular |
| Feb 17, 2023 | Feb 20, 2023 | $0.16 | Quarterly | Regular |
| Nov 21, 2022 | Dec 1, 2022 | $0.16 | Quarterly | Regular |
| Aug 23, 2022 | Sep 1, 2022 | $0.16 | Quarterly | Regular |
| May 20, 2022 | Jun 1, 2022 | $0.15 | Quarterly | Regular |
| Feb 17, 2022 | Mar 1, 2022 | $0.15 | Quarterly | Regular |
| Nov 22, 2021 | Dec 1, 2021 | $0.15 | Quarterly | Regular |
| Aug 24, 2021 | Sep 1, 2021 | $0.15 | Quarterly | Regular |
| May 21, 2021 | Jun 1, 2021 | $0.12 | Quarterly | Regular |
| Feb 19, 2021 | Mar 1, 2021 | $0.12 | Quarterly | Regular |
| Nov 23, 2020 | Dec 1, 2020 | $0.12 | Quarterly | Regular |
| Aug 24, 2020 | Sep 1, 2020 | $0.12 | Quarterly | Regular |
What the Dividend Safety Rating Means for WMG
WMG Dividend Questions
How often does WMG pay dividends?
WMG pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Feb, May, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.
Does WMG pay dividends monthly?
No. WMG pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.
When is the next WMG dividend?
WMG has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Nov 19, 2026, with the cash around Nov 21, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.20 a share, went ex on Aug 20, 2026 and paid Aug 24, 2026. The current rate is $0.20 per share, $0.80 a year.
Does WMG pay a dividend in November 2026?
Not declared yet. By its usual rhythm the next ex-date falls around Nov 19, 2026, with the cash around Nov 21, 2026, so a payment in November 2026 is likely. Only the company’s declaration makes it final.
How much does WMG pay per share?
WMG pays $0.20 a share quarterly, $0.80 a year. At the Nov 10, 2026 close of $31.43 that is a 2.55% run-rate yield, above its usual level: its own 6-year median is 2.14%.
Has WMG raised its dividend?
Yes. WMG has raised its annual dividend 4 years in a row, through 2025. The latest raise, on Aug 20, 2026, took the rate from $0.19 to $0.20 (+5.26%). Over five years the dividend grew 5.9% a year.
Is WMG’s dividend safe?
No rating can promise a future payment, but the record on file says a lot. WMG paid out 60% of its earnings and 137% of its free cash flow as dividends over the 4 quarters to Jun 30, 2026. It has raised its dividend 4 years in a row and gone 4+ years without a cut. This is data, not investment advice. The full 12-check rating comes with a plan.
How do I track my WMG dividends?
Add WMG to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run WMG in the DRIP calculator.
