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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Universal Music Group N.V. (UMGNF) pays a $0.52 annual dividend, yielding 3.65% at $16.66/share. Next ex-dividend date 2026-10-05. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.65%
Annual Dividend: $0.52 per share
Payout Ratio: 312.4% (based on depressed trailing earnings — see safety analysis below)
Ex-Dividend Date: 2026-10-05
Sector: Communication Services
Years of Dividend History: 6
Universal Music Group N.V. dividend sits at 3.65%, backed by a catalog of roughly 3 million recordings and 4 million owned or managed musical works. The trailing annual dividend rate is $0.52 per share, with the next ex-dividend date set for October 5, 2026. UMGNF operates across Recorded Music, Music Publishing, and Merchandising, supporting approximately 250 artists and brands across about 50 labels. A beta of 0.777 places this stock below average market volatility, which appeals to income-focused investors who prioritize steadier price behavior.
Universal Music Group N.V. pays out 312.4% of earnings as dividends, a payout ratio classified as high (above 75%). That figure is well above what earnings alone can cover, meaning the dividend currently depends on cash flows from the company's broader operations, including its publishing rights business, which generates revenue from licensing 4 million owned or managed musical works across recordings, commercials, and film. Universal Music Group N.V. dividend safety is the central concern here: a payout ratio this elevated leaves little room for earnings pressure without forcing a reassessment of the dividend level.
Universal Music Group N.V. dividend history shows a CAGR of 10.2% per year from 2022 to 2025. The per-share dividend grew from $0.4452 to $0.5961 over that window (2026 data is partial and excluded from the CAGR calculation). Growth has not been linear: the largest annual increase was 22.6% in 2023, while the smallest annual increase in the window was 2.1% in 2024. That gap between the best and worst years is wide, which means the headline CAGR flatters the recent pace of growth.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +10.2% | $0.45 (2022) | $0.60 (2025) |
UMGNF fits dividend investors who want exposure to the global music rights business and can accept a high payout ratio in exchange for a moderate yield. At 3.65%, the current yield sits above the 5-year average of 2.85%, which means income buyers are getting more yield than the stock has historically offered. The yield classification is moderate (2-4%), so this is not a high-income play. The trade-off is straightforward: a 10.2% dividend CAGR over three years is attractive on paper, but a 312.4% payout ratio means that growth rate is not supported by earnings coverage, and any softness in licensing or streaming revenue could test the dividend.
| Payment Date | Amount per Share |
|---|---|
| 2026-10-05 | $0.2790 |
| 2026-05-21 | $0.3245 |
| 2025-10-07 | $0.2802 |
| 2025-05-22 | $0.3159 |
| 2024-10-03 | $0.2644 |
| 2024-05-20 | $0.2932 |
| 2023-10-04 | $0.2524 |
| 2023-05-15 | $0.2936 |
| 2022-10-05 | $0.2368 |
| 2022-05-16 | $0.2084 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.6035 |
| 2025 | $0.5961 |
| 2024 | $0.5576 |
| 2023 | $0.5460 |
| 2022 | $0.4452 |
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