In this section of the page, you will find all the information you need to understand how Universal Music Group (UMG) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.
Upcoming Universal Music Group dividend
Next payment 0.21€
Next payment date Apr 25, 2024
Last payment 0.24€
Last payment date Oct 27, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 3/28/24

Universal Music Group will distribute 0,21 euros per share in the form of a dividend on April 25, 2024.

The March 28, 2024 is the ex-dividend date. So if you wish to receive Universal Music Group dividends, you must buy one day before this date.

Universal Music Group distributed 0.24 euros per share in the form of a dividend on October 27, 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.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Universal Music Group's earnings (10,753,999,872.00€) are sufficient to cover the dividend payment. This payment represents 7% of the total net profit of UMG.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Universal Music Group

This is the Dividend Calendar of Universal Music Group in 2023.

Event Day
Last trading date March 27, 2024
Ex-Dividend (Ex-Date) March 28, 2024
Record date April 24, 2024
Date of payment April 25, 2024
Dividends schedule Universal Music Group
Data pending official confirmation from the company Universal Music Group (UMG).
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.


Historical annual dividend yields of Universal Music Group

Over the past 5 years, Universal Music Group has not consistently distributed dividends.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Universal Music Group vs. the sector

Universal Music Group's dividend yield (2.10%) is below the sector average (2.33%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Universal Music Group's dividend yield is between the top 25% (4.59%) and top 75% (0.23%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Universal Music Group

Over the past 5 years, Universal Music Group has not consistently distributed dividends.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Universal Music Group

In this table you can see the dividend history of Universal Music Group:

0.24 €
0.27 €
0.51 €
0.24 €
0.2 €
0.44 €
0.2 €
0.2 €
Dividend history of Universal Music Group

Universal Music Group dividend capture strategy

Step 1: Buy Universal Music Group shares (UMG) one day before ex-dividend date
Date of purchase Mar 27, 2024
Next ex-dividend date Mar 28, 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 44.04B €
Number of Employees 9,709
Address S-Gravelandseweg 80, Hilversum, 1217 EW, Netherlands
Phone 31 88 626 1500
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.

Universal Music Group belongs to the Communications Services sector and the Entertainment industry.

The CEO of Universal Music Group in 2023 is Sir Lucian Grainge CBE.

At this moment, the value of a Universal Music Group share is 24.19€.

Universal Music Group does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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