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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%.
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Payout Ratio Universal Music Group Dividends
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
An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.
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 |
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
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 of Universal Music Group vs. the sector
The company's dividend yield is compared to the industry average to determine its positioning.
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
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:
| Year | Ex-Dividend | Amount | Total |
|---|---|---|---|
| 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
Information about Universal Music Group
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.