CHICAGO - Morningstar, Inc. (NASDAQ:MORN), a global firm specializing in independent investment research, has announced the continuation of its quarterly dividend payout, maintaining the amount at 40.5 cents per share. This decision by the company's board of directors aligns with the dividend issued in January.
The declared dividend is scheduled to be distributed on April 30, 2024, to shareholders who are on record as of April 5, 2024. This move reflects the company's ongoing commitment to providing returns to its investors.
Morningstar is recognized for delivering comprehensive data and research insights across various investment offerings. Its services cater to a diverse clientele, including individual investors, financial advisors, and institutional investors in the debt and private capital markets.
As of December 31, 2023, Morningstar's investment advisory subsidiaries manage approximately $286 billion in assets, showcasing the company's significant role in the investment management landscape.
The press release also includes standard forward-looking statements, cautioning that actual future results may vary due to a range of risks and uncertainties. These include but are not limited to challenges in maintaining brand reputation, cybersecurity, regulatory compliance, and the ability to innovate and meet client needs.
Investors or interested parties seeking additional information about the dividend or other investor relations matters can contact Morningstar directly. This announcement is based on a press release statement from Morningstar, Inc.
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