Morningstar, Inc. Declares Quarterly Dividend of 36 Cents Per Share

Morningstar, Inc. Declares Quarterly Dividend of 36 Cents Per Share

The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 36 cents per share. The dividend is payable on Jan. 31, 2022, to shareholders of record as of Jan. 7, 2022. The 14.3 percent increase from the prior quarterly rate of 31.5 cents per share results in an annualized dividend of $1.44 per share compared with the prior annualized rate of $1.26 per share.

While subsequent dividends will be subject to board approval, the company expects to pay three additional dividends in 2022:

Record Date – Payable Date:

April 1, 2022 – April 29, 2022

July 1, 2022 – July 29, 2022

Oct. 18, 2022 – Oct. 31, 2022

“We are pleased to continue our history of steady dividend increases,” said Kunal Kapoor, chief executive officer of Morningstar. “Morningstar is living its mission and remains well-positioned for future success.”

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers and owners, retirement plan providers and sponsors, and institutional investors in the debt and private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $260 billion in assets under advisement and management as of September 30, 2021. The Company has operations in 29 countries.