Morningstar's latest quarterly cash dividend of $0.405 per share was issued to shareholders on record before Apr 4, 2024. The dividend distribution stands at $1.56 per share annually, which comes to a dividend yield of 0.52%.
MORN has a dividend yield of 0.52% which is below the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 3.35%, Morningstar's dividend yield is 84% lower. The current dividend yield is lower than the historical average of 0.6% of the last 5 years.
Morningstar has been paying dividends for the last 14 years. Our records show that MORN has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 6% since twelve months ago. However with the price of the stock up by 57% from a year ago, the dividend yield has a decrease of 33%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 4, 2024 | Apr 30, 2024 | Dec 1, 2023 | $0.405 | normal |
| Jan 4, 2024 | Jan 31, 2024 | Dec 1, 2023 | $0.405 | normal |
| Oct 5, 2023 | Oct 31, 2023 | Dec 6, 2022 | $0.375 | normal |
| Jul 6, 2023 | Jul 31, 2023 | Dec 6, 2022 | $0.375 | normal |
| Apr 5, 2023 | Apr 28, 2023 | Dec 6, 2022 | $0.375 | normal |
| Jan 5, 2023 | Jan 31, 2023 | Dec 6, 2022 | $0.375 | normal |
| Oct 17, 2022 | Oct 31, 2022 | Dec 3, 2021 | $0.36 | normal |
| Jun 30, 2022 | Jul 29, 2022 | Dec 3, 2021 | $0.36 | normal |
| Mar 31, 2022 | Apr 29, 2022 | Dec 3, 2021 | $0.36 | normal |
| Jan 6, 2022 | Jan 31, 2022 | Dec 3, 2021 | $0.36 | normal |
| Oct 18, 2021 | Oct 29, 2021 | Dec 4, 2020 | $0.315 | normal |
| Jul 8, 2021 | Jul 30, 2021 | Dec 4, 2020 | $0.315 | normal |
| Apr 8, 2021 | Apr 30, 2021 | Dec 4, 2020 | $0.315 | normal |
| Dec 31, 2020 | Jan 29, 2021 | Dec 4, 2020 | $0.315 | normal |
| Oct 15, 2020 | Oct 30, 2020 | Dec 6, 2019 | $0.3 | normal |
| Jul 1, 2020 | Jul 31, 2020 | May 15, 2020 | $0.3 | normal |
| Apr 2, 2020 | Apr 30, 2020 | Feb 25, 2020 | $0.3 | normal |
| Jan 2, 2020 | Jan 31, 2020 | Dec 6, 2019 | $0.3 | normal |
| Oct 17, 2019 | Oct 31, 2019 | Oct 4, 2019 | $0.28 | normal |
| Jul 3, 2019 | Jul 31, 2019 | May 17, 2019 | $0.28 | normal |
| Apr 4, 2019 | Apr 30, 2019 | Feb 26, 2019 | $0.28 | normal |
| Jan 3, 2019 | Jan 31, 2019 | Dec 14, 2018 | $0.28 | normal |
| Oct 16, 2018 | Oct 31, 2018 | Oct 5, 2018 | $0.25 | normal |
| Jul 5, 2018 | Jul 27, 2018 | May 18, 2018 | $0.25 | normal |
| Apr 5, 2018 | Apr 27, 2018 | Feb 27, 2018 | $0.25 | normal |
| Jan 4, 2018 | Jan 31, 2018 | Dec 8, 2017 | $0.25 | normal |
| Oct 17, 2017 | Oct 31, 2017 | Oct 6, 2017 | $0.23 | normal |
| Jul 5, 2017 | Jul 28, 2017 | May 12, 2017 | $0.23 | normal |
| Apr 5, 2017 | Apr 28, 2017 | Feb 24, 2017 | $0.23 | normal |
| Jan 4, 2017 | Jan 31, 2017 | Dec 9, 2016 | $0.23 | normal |
| Oct 6, 2016 | Oct 28, 2016 | Sep 30, 2016 | $0.22 | normal |
| Jul 6, 2016 | Jul 29, 2016 | May 13, 2016 | $0.22 | normal |
| Apr 6, 2016 | Apr 29, 2016 | Feb 26, 2016 | $0.22 | normal |
MORN has a payout ratio of 31.3% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 41%, Morningstar's payout ratio is 24% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VALU Value Line Inc | 2.87% | $1.14 | 58.8% |
| FDS Factset Research Systems Inc | 0.89% | $3.92 | 30.5% |
| NWSA News Corp | 0.8% | $0.2 | 55.6% |
| MCO Moodys Corp | 0.79% | $3.16 | 34.4% |
| MORN Morningstar Inc | 0.52% | $1.56 | 31.3% |
Yes, Morningstar has been paying dividends for the last 14 years.
MORN has announced its next dividend with ex-date Jul 12, 2024.
Morningstar's last regular dividend was on Apr 4, 2024 (ex-date) with the amount of $0.405 per share.
On an annual basis MORN pays $1.56 per share.
Morningstar's current dividend yield is 0.52%.
Morningstar pays four dividends per year.
The dividend payout ratio of Morningstar is 31.3%.
Morningstar's dividend yield is lower than the Financial Services sector average.