13 cents a share to be issued.
Warner Music Group declared a quarterly dividend of $0.13 per share of common stock, representing an aggregate quarterly dividend of approximately $19.3 million. The dividend is payable May 3, 2006.
This aggregate number falls in line with WMG's previously announced intentions to pay regular quarterly dividends, on its common stock oustanding, in an amount not to exceed $80 million a year.
The stock was up 35 cents (1.63%) to $21.79 in morning trading today.