Morningstar, Inc. Declares Quarterly Dividend of 40.5 Cents Per Share
15 Marzo 2024 - 9:15PM
Business Wire
The board of directors of Morningstar, Inc. (Nasdaq: MORN), a
leading provider of independent investment research, today declared
a quarterly dividend of 40.5 cents per share, consistent with the
dividend paid in January. The dividend is payable April 30, 2024,
to shareholders of record as of April 5, 2024. Please contact
investors@morningstar.com with any questions.
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent
investment insights 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 $286 billion in assets under advisement and
management as of Dec. 31, 2023. The Company operates through
wholly- or majority-owned subsidiaries in 32 countries. For more
information, visit www.morningstar.com/company. Follow Morningstar
on X @MorningstarInc.
Caution Concerning Forward-Looking Statements
This press release contains forward-looking statements as that
term is used in the Private Securities Litigation Reform Act of
1995. These statements are based on our current expectations about
future events or future financial performance. Forward-looking
statements by their nature address matters that are, to different
degrees, uncertain, and often contain words such as committed,”
“consider,” “future,” “goal,” “is designed to,” “maintain,” “may,”
“might,” “objective,” “ongoing,” “could,” “expect,” “intend,”
“plan,” “possible,” “potential,” “seek,” “anticipate,” “believe,”
“estimate,” “predict,” “potential,” “prospects”, “continue,”
“seek,” “strategy,” “strive,” “will,” “would,” or the negative
thereof, and similar expressions. These statements involve known
and unknown risks and uncertainties that may cause the events we
discuss not to occur or to differ significantly from what we
expect. For us, these risks and uncertainties include, among
others, failing to maintain and protect our brand, independence,
and reputation; failure to prevent and/or mitigate cybersecurity
events and the failure to protect confidential information,
including personal information about individuals; compliance
failures, regulatory action, or changes in laws applicable to our
credit ratings operations, investment advisory, environmental,
social, and governance (ESG) and index businesses; failing to
innovate our product and service offerings, or anticipate our
clients’ changing needs; the impact of artificial intelligence (AI)
and related technologies on our business, legal and regulatory
exposure profile and reputation; failing to detect errors in our
products or the failure of our products to perform properly due to
defects, malfunctions or similar problems; failing to recruit,
develop, and retain qualified employees; prolonged volatility or
downturns affecting the financial sector, global financial markets,
and the global economy and its effect on our revenue from
asset-based fees and our credit ratings business; failing to scale
our operations and increase productivity in order to implement our
business plans and strategies; liability for any losses that result
from errors in our automated advisory tools or errors in the use of
the information and data we collect; inadequacy of our operational
risk management, business continuity programs and insurance
coverage in the event of a material disruptive event; failing to
efficiently integrate and leverage acquisitions and other
investments, which may not realize the expected business or
financial benefits, to produce the results we anticipate; failing
to maintain growth across our businesses in today's fragmented
geopolitical, regulatory and cultural world; liability relating to
the information and data we collect, store, use, create, and
distribute or the reports that we publish or are produced by our
software products; the potential adverse effect of our indebtedness
on our cash flows and financial and operational flexibility;
challenges in accounting for tax complexities in the global
jurisdictions which we operate in and their effect on our tax
obligations and tax rates; and failing to protect our intellectual
property rights or claims of intellectual property infringement
against us. A more complete description of these risks and
uncertainties, among others, can be found in our filings with the
Securities and Exchange Commission, including our most recent
Reports on Forms 10-K and 10-Q. If any of these risks and
uncertainties materialize, our actual future results and other
future events may vary significantly from what we expect. We do not
undertake to update our forward-looking statements as a result of
new information, future events or otherwise, except as may be
required by law. You are, however, advised to review any further
disclosures we make on related subjects, and about new or
additional risks, uncertainties and assumptions in our future
filings with the SEC on Forms 10-K, 10-Q and 8-K.
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version on businesswire.com: https://www.businesswire.com/news/home/20240315705290/en/
Media Contact: Kate Holtkamp, +1 312 696-6037 or
newsroom@morningstar.com
©2024 Morningstar, Inc. All Rights Reserved. MORN-C
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