Universal Music Group N.V. Stock Dividends
Universal Music Group N.V. Stock Dividends Overview
UMGNF pays dividends yearly. Last paid amount was $0.293 at Jun 11, 2024. As of today, dividend yield (TTM) is 1.90%.
Dividend Yield Range
AI Analysis of UMGNF
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.90% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 16.78% |
| Payout Ratio | 0 |
| Amount Per Share | $0.293 |
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Universal Music Group N.V. has not yet announced its next dividend date. Last payment date was: Jun 11, 2024.
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UMGNF Dividend Payout History
To ensure a understanding of UMGNF's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 20, 2024 | May 20, 2024 | Jun 11, 2024 | $0.293 | 0.94% |
| 2 | Oct 04, 2023 | Oct 04, 2023 | Oct 04, 2023 | $0.251 | 0.97% |
| 3 | May 15, 2023 | May 15, 2023 | May 15, 2023 | $0.293 | 1.45% |
| 4 | Oct 05, 2022 | Oct 05, 2022 | Oct 05, 2022 | $0.240 | 1.26% |
| 5 | Oct 25, 2021 | Oct 25, 2021 | Oct 25, 2021 | $0.233 | 0.80% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
UMGNF Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from UMGNF dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in UMGNF stock here.
Comparing UMGNF to Sector and Country
UMGNF pays a solid dividend yield of 1.90%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.511%). UMGNF’s dividend yield is lower than the average of the top 25% of dividend payers in the Communication Services sector in the US market (10.18%), which means that there are more attractive dividend stocks to consider.
