CHICAGO, March 17, 2023 /PRNewswire/ -- The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today declared a quarterly dividend of 37.5 cents per share, consistent with the dividend paid in January. The dividend is payable April 28, 2023 to shareholders of record as of April 7, 2023. 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 $246 billion in assets under advisement and management as of Dec. 31, 2022. The Company operates through wholly- or majority-owned subsidiaries in 32 countries. For more information, visit www.morningstar.com/company. Follow Morningstar on Twitter @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 "may," "could," "expect,"
"intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," or "continue."
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; liability related to cybersecurity and the protection of confidential information, including
personal information about individuals; compliance failures, regulatory action, or changes in laws
applicable to our credit ratings operations, investment advisory, ESG and index businesses; failing to
innovate our product and service offerings, or anticipate our clients' changing needs; 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 recruit,
develop, and retain qualified employees; liability for any losses that result from errors in our automated
advisory tools; inadequacy of our operational risk management and business continuity programs in
the event of a material disruptive event; failing to realize the expected business or financial benefits of
our acquisitions and investments; failing to scale our operations and increase productivity and its
effect on our ability to implement our business plan; 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 flexibility; challenges in accounting for complexities in taxes in the global jurisdictions in
which we operate and its effect on our tax obligations and tax rate; 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 can be found in our filings with the Securities and
Exchange Commission, including our most recent Annual Report on Form 10-K. 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 or future events.
©2023 Morningstar, Inc. All Rights Reserved.
MORN-C
Media Contact:
Landon Hudson, +1 312 696-6037 or newsroom@morningstar.com
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SOURCE Morningstar, Inc.