Warner Music Group has announced it will pay a quarterly cash dividend of $0.13 per share on 16 Feb, because all that James Blunt / Muse / Gnarls Barkley money has to go somewhere. The company says it plans to pay quarterly dividends on an ongoing basis for the foreseeable future. Hurrah. Though in a statement they did say: "The Board will evaluate whether to pay a dividend on a quarterly basis and will base its decisions on, among other things, our results of operations, cash requirements, financial condition, contractual restrictions and other factors the Board of Directors may deem relevant".
Jan 4, 2007
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1 min read
Warner Music to pay quarterly dividend
Warner Music Group will pay a quarterly cash dividend of $0.13 per share on 16 February, with plans for ongoing quarterly payments.