Upcoming Universal Music Group dividend
Change(%)
+12.50%
Increase
Next payment 0.27€
Next payment date Jun 11, 2024
Last payment 0.24€
Last payment date Oct 27, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/20/24
Confirmed

June 11, 2024 has been set as the date when Universal Music Group will make the dividend payment, corresponding to 0,27 euros per share.

Buy shares of Universal Music Group before the Ex-dividend Date, May 20, 2024, and ensure you are on the records before the Record Date, May 21, 2024, to obtain dividends.

Universal Music Group issued a dividend of 0.24 euros on October 27, 2023, after the ex-dividend on October 4, 2023.

Universal Music Group N.V., listed on the Dutch stock exchange under the UMG stock index, pays dividends from 2021 until then.

For the time being it has maintained the schedule of disbursement in two months a year, the first being in May and the second in October, with the value of the amount slightly increasing from one fiscal year to the next, reaching a yield approaching 2.75%.

Payout Ratio Universal Music Group Dividends

Universal Music Group paid 7% of its net income in the last fiscal period as dividends.
Universal Music Group's earnings (11,107,999,744.00€) are sufficient to cover the dividend payment. This payment represents 7% of the total net profit of UMG.
Dividend payout ratio
Payout Ratio

Dividend calendar of Universal Music Group

These are the most important events of the Universal Music Group calendar in 2024:

Event Day
Last trading date May 17, 2024
Ex-Dividend (Ex-Date) May 20, 2024
Record date May 21, 2024
Date of payment June 11, 2024
Data confirmed by the company Universal Music Group (UMG).
Confirmed
Source
Historical annual dividend yields of Universal Music Group
Over the past 5 years, Universal Music Group has not consistently distributed dividends.
Increasing Dividends
Dividend yield
Dividend yield of Universal Music Group vs. the sector
Universal Music Group's dividend yield (1.85%) is below the sector average (2.29%).
Comparison with industry average
Universal Music Group's dividend yield is between the top 25% (4.50%) and top 75% (0.23%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Universal Music Group
Over the past 5 years, Universal Music Group has not consistently distributed dividends.
Dividend stability

Dividend history of Universal Music Group

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
10/04/2023
05/15/2023
0.24 €
0.27 €
0.51 €
2022
10/05/2022
05/16/2022
0.24 €
0.2 €
0.44 €
2021
10/25/2021
0.2 €
0.2 €
Universal Music Group dividend capture strategy
Step 1: Buy Universal Music Group shares (UMG) one day before ex-dividend date
Date of purchase May 17, 2024
Next ex-dividend date May 20, 2024
Step 2: Sell Universal Music Group shares (UMG) when the price recovers.
Date of sale (estimated) N/A
Average price recovery N/A
Average return on cost N/A
The dividend capture strategy is based on historical Universal Music Group data. Past performance is no guarantee of future results.

Information about Universal Music Group

Full name Universal Music Group N.V.
Ticker UMG
Sector Communications Services
Industry Entertainment
Market Capitalization 53.59B €
ISIN NL0015000IY2
Description of the company

Universal Music Group N.V., is a record company, widely positioned worldwide, being one of the most important, as well as Sony and Warner Music.

The current version of the company is created in 1998, through the union of Seagram, Polygram, including Deutsche Grammophon and Universal Music Group which was previously called MCA Music Entertainment Group, although it was dependent on the film studio, until 2004 when General Electric NBC acquires Vivendi Universal Entertainment and separate the music division retaining its name.

In 2006 it is purchased in its entirety by Vivendi SA, a French media and a year later is joined to BMG Music Publishing, maintaining its core business activities, also, in 2011 UMG becomes the production firm of American Idol, donating in that year to the Library of Congress almost two thousand original recordings made between 1920 to 1940.

In 2012 they acquire EMI, although the European Commission determined that the group could not keep all of its dependencies, so in 2013 they sell several EMI catalogs and divisions to various clients, including Warner.

From 2020 the group owner of UMG, Vivendi opens the main headquarters of the record label in the Netherlands, listed on the Amsterdam stock exchange since then, although it also has its facilities in California and New York, among the most prominent labels are Interscope, A & M, Geffen, Universal Music Latino located in Miami and Universal Music Group Nashville in the United States.

Frequently asked questions about Universal Music Group dividends

Universal Music Group is listed on the Bolsa de Amsterdam and is part of the AEX.

Universal Music Group has the Ticker or stock code UMG.

The CEO of Universal Music Group in 2024 is Sir Lucian Grainge CBE.

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