DIVIDEND ANNOUNCEMENT: Cl A/Warner Music Group Corp (NASDAQ:WMG) on 08/14/2023 declared a dividend of $0.1700 per share

Cl A/Warner Music Group Corp (NASDAQ:WMG) on 08/14/2023 declared a dividend of $ 0.1700 per share payable on September 01, 2023 to shareholders of record as of August 24, 2023. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

Cl A/Warner Music Group Corp (NASDAQ:WMG) has paid dividends since 2020, has a current dividend yield of 1.9452886581% and has increased its dividends for 2 successive years.

Cl A/Warner Music Group Corp's market cap is $ 4,551,484,700 and has a PE ratio of 40.12. The stock price closed yesterday at $ 32.90 and has a 52 week low/high of $ 21.57 and $ 38.76.

Warner Music Group is a holding company. Through its subsidiaries, Co. is a music entertainment company. Co.'s Recorded Music business is engaged in discovering and signing artists and distributing, selling, marketing and promoting their music. Co.'s Recorded Music business' distribution operations include WEA Corp., Alternative Distribution Alliance, and distribution centers and ventures operated internationally. Co.'s Music Publishing business are conducted through Warner Chappell Music, its global music publishing company. Co. owns or controls rights to musical compositions, including various pop hits, American standards, folk songs and motion picture and theatrical compositions.

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