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Warner Music Group Corp. Announces Quarterly Cash Dividend

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Warner Music Group (WMG) has announced its Board of Directors' declaration of a regular quarterly cash dividend. Shareholders will receive $0.18 per share on both Class A and Class B Common Stock. The dividend will be paid on December 3, 2024, to stockholders recorded as of the close of business on November 19, 2024.

Warner Music Group (WMG) ha annunciato la dichiarazione del suo Consiglio di Amministrazione riguardo un dividendo in contanti regolare su base trimestrale. Gli azionisti riceveranno $0,18 per azione sia per le azioni di Classe A che per quelle di Classe B. Il dividendo sarà corrisposto il 3 dicembre 2024 agli azionisti registrati alla chiusura delle attività del 19 novembre 2024.

Warner Music Group (WMG) ha anunciado la declaración de su Junta Directiva sobre un dividendo en efectivo trimestral regular. Los accionistas recibirán $0,18 por acción tanto de las acciones de Clase A como de Clase B. El dividendo se pagará el 3 de diciembre de 2024 a los accionistas que estén registrados al cierre de negocios del 19 de noviembre de 2024.

워너 음악 그룹(WMG)가 정기 분기 현금 배당을 이사회에서 선언했다고 발표했습니다. 주주들은 클래스 A 및 클래스 B 보통주 각각 주당 $0.18을 받게 됩니다. 배당금은 2024년 12월 3일에 지급되며, 2024년 11월 19일 영업 종료 시점에 등록된 주주에게 지급됩니다.

Warner Music Group (WMG) a annoncé la déclaration de son Conseil d'Administration concernant un dividende en espèces trimestriel régulier. Les actionnaires recevront 0,18 $ par action sur les actions ordinaires de Classe A et Classe B. Le dividende sera versé le 3 décembre 2024 aux actionnaires enregistrés à la clôture des activités le 19 novembre 2024.

Warner Music Group (WMG) hat die Erklärung seines Vorstands über eine regelmäßige quartalsweise Bar-Dividende bekannt gegeben. Aktionäre erhalten 0,18 $ pro Aktie sowohl für die Klasse A als auch für die Klasse B Stammaktien. Die Dividende wird am 3. Dezember 2024 an die Aktionäre gezahlt, die zum Geschäftsabschluss am 19. November 2024 registriert sind.

Positive
  • Consistent quarterly dividend payment of $0.18 per share indicates stable shareholder returns
  • Equal treatment of both Class A and Class B shareholders in dividend distribution
Negative
  • None.

NEW YORK, Nov. 08, 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 $0.18 per share on WMG’s Class A Common Stock and Class B Common Stock. The dividend is payable on December 3, 2024, to stockholders of record as of the close of business on November 19, 2024.

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

What is Warner Music Group's (WMG) dividend amount for Q4 2024?

Warner Music Group's dividend for Q4 2024 is $0.18 per share for both Class A and Class B Common Stock.

When is WMG's next dividend payment date?

WMG's next dividend payment date is December 3, 2024.

What is the record date for WMG's latest dividend?

The record date for WMG's latest dividend is November 19, 2024.

Does WMG pay different dividend amounts for Class A and Class B shares?

No, WMG pays the same dividend amount of $0.18 per share for both Class A and Class B Common Stock.

Warner Music Group Corp.

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