Warner Music Group Corp. Announces Quarterly Cash Dividend
Warner Music Group (WMG) has declared a quarterly cash dividend of $0.18 per share on its Class A and Class B Common Stock. The dividend will be paid on September 4, 2024, to stockholders of record as of the close of business on August 27, 2024. This announcement demonstrates WMG's commitment to returning value to shareholders and maintaining a consistent dividend policy. The regular quarterly dividend suggests financial stability and confidence in the company's cash flow generation capabilities.
Warner Music Group (WMG) ha dichiarato un dividendo in contante trimestrale di 0,18 $ per azione sulle sue azioni ordinarie di Classe A e di Classe B. Il dividendo sarà pagato il 4 settembre 2024, agli azionisti registrati alla chiusura delle attività il 27 agosto 2024. Questo annuncio dimostra l'impegno di WMG a restituire valore agli azionisti e a mantenere una politica di dividendi coerente. Il dividendo trimestrale regolare suggerisce stabilità finanziaria e fiducia nelle capacità di generazione di flussi di cassa dell'azienda.
Warner Music Group (WMG) ha declarado un dividendo en efectivo trimestral de 0,18 $ por acción sobre sus acciones comunes de Clase A y Clase B. El dividendo se pagará el 4 de septiembre de 2024 a los accionistas registrados hasta el cierre de operaciones del 27 de agosto de 2024. Este anuncio demuestra el compromiso de WMG de devolver valor a los accionistas y mantener una política de dividendos consistente. El dividendo trimestral regular sugiere estabilidad financiera y confianza en las capacidades de generación de flujo de efectivo de la empresa.
워너 뮤직 그룹(WMG)는 주당 0.18달러의 분기 현금 배당금을 클래스 A 및 클래스 B 보통주에 대해 선언했습니다. 배당금은 2024년 9월 4일에 지급되며, 2024년 8월 27일 영업 종료 시점의 주주에게 지급됩니다. 이 발표는 WMG가 주주에게 가치를 환원하고 일관된 배당 정책을 유지하려는 의지를 보여줍니다. 정기적인 분기 배당금은 재정적 안정성과 회사의 현금 흐름 생성 능력에 대한 신뢰를 나타냅니다.
Warner Music Group (WMG) a déclaré un dividende en espèces trimestriel de 0,18 $ par action sur ses actions ordinaires de Classe A et de Classe B. Le dividende sera versé le 4 septembre 2024, aux actionnaires enregistrés à la clôture des opérations le 27 août 2024. Cette annonce démontre l'engagement de WMG à restituer de la valeur à ses actionnaires et à maintenir une politique de dividende cohérente. Le dividende trimestriel régulier suggère une stabilité financière et une confiance dans les capacités de génération de flux de trésorerie de l'entreprise.
Warner Music Group (WMG) hat eine vierteljährliche Bar-Dividende von 0,18 $ pro Aktie auf ihre Stammaktien der Klassen A und B erklärt. Die Dividende wird am 4. September 2024 an die Aktionäre ausgezahlt, die bis zum Geschäftsschluss am 27. August 2024 registriert sind. Diese Ankündigung zeigt WMGs Engagement, den Aktionären Wert zurückzugeben und eine konsistente Dividendenpolitik aufrechtzuerhalten. Die regelmäßige vierteljährliche Dividende deutet auf finanzielle Stabilität und Vertrauen in die Cashflow-Generierungsfähigkeiten des Unternehmens hin.
- Consistent quarterly dividend payment of $0.18 per share
- Demonstrates financial stability and shareholder value focus
- Indicates confidence in company's cash flow generation
- None.
NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of
About Warner Music Group
With a legacy extending back over 200 years, Warner Music Group today is home to an unparalleled family of creative artists, songwriters, and companies that are moving culture across the globe. At the core of WMG’s Recorded Music division are four of the most iconic companies in history: Atlantic, Elektra, Parlophone and Warner Records. They are joined by renowned labels such as TenThousand Projects, 300 Entertainment, Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Reprise, Rhino, Roadrunner, Sire, Spinnin’ Records, Warner Classics and Warner Music Nashville. Warner Chappell Music - which traces its origins back to the founding of Chappell & Company in 1811 - is one of the world’s leading music publishers, with a catalog of more than one million copyrights spanning every musical genre from the standards of the Great American Songbook to the biggest hits of the 21st century.
This communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include statements regarding expectations as to the intention to pay regular quarterly dividends. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from those referred to in the forward-looking statements. More information about Warner Music Group and other risks related to Warner Music Group are detailed in Warner Music Group’s most recent annual report on Form 10-K and its quarterly reports on Form 10-Q and current reports on Form 8-K as filed with the Securities and Exchange Commission. Warner Music Group does not undertake an obligation to update forward-looking statements.
Warner Music Group maintains an Internet site at www.wmg.com. Warner Music Group uses its website as a channel of distribution of material Company information. Financial and other material information regarding Warner Music Group is routinely posted on and accessible at http://investors.wmg.com. In addition, you may automatically receive email alerts and other information about Warner Music Group by enrolling your email address through the “email alerts” section at http://investors.wmg.com. Warner Music Group’s website and the information posted on it or connected to it shall not be deemed to be incorporated by reference into this communication.
Additional factors that may affect future results and conditions are described in Warner Music Group’s filings with the SEC, which are available at the SEC’s web site at www.sec.gov or at Warner Music Group’s website at www.wmg.com.
SOURCE: WMG
Media Contact:
James Steven
James.Steven@wmg.com
Investor Relations Contact:
Kareem Chin
Kareem.Chin@wmg.com
FAQ
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