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MORN Morningstar, Inc. — dividend yield, history & ex-dividend dates

NASDAQ Global Select· Quarterly dividend· Common Stock · Financial Services / Financial - Data & Stock Exchanges

$214.86 ▼ $-0.92(-0.43%) as of Oct 29, 2026 06:20 UTC
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Morningstar, Inc. operates as a leading global provider of independent investment research and insights, catering to clients across North America, Europe, Australia, and Asia. The firm delivers a comprehensive range of services, including sophisticated web-based analytical tools, extensive investment data, and specialized research focusing on fundamental equity, manager selection, and private capital markets. Additionally, Morningstar offers credit and fund ratings, ESG (environmental, social, and governance) ratings, and index solutions. Its product suite also encompasses various investment offerings, such as managed portfolios, data on both publicly traded and private companies, fixed income securities, and real-time global market information. These services are designed to serve a diverse client base, including financial advisors, asset management companies, retirement plan administrators and sponsors, alongside individual and institutional investors. Among its key offerings are: Morningstar Data: A vast repository of investment intelligence, encompassing equity fundamentals, managed investments, ESG factors, and market data. Morningstar Direct: An advanced platform built for in-depth investment analysis. Morningstar Managed Portfolios: A model portfolio service tailored for independent financial advisors, also providing asset allocation strategies for asset managers, broker/dealers, and insurance providers. Morningstar Advisor Workstation: A web-based platform enabling research, financial planning, and the generation of proposals. Morningstar.com: The company's dedicated online portal for individual investors. Furthermore, Morningstar provides Morningstar Enterprise Components and Morningstar Credit Ratings, which offer issuance and surveillance capabilities for structured finance products, corporate credit evaluations, and operational risk assessments. It also creates Morningstar Indexes for developing specialized investment products and offers workplace solutions, including retirement accounts, fiduciary services, allocation funds, and custom models. Through its PitchBook Platform, the company provides a robust research and analysis workstation for investment and research professionals, supplemented by a mobile application, an Excel plug-in, data feeds, and various data solutions. Morningstar, Inc. was founded in 1984 and has its corporate headquarters

Dividend Snapshot

StatusGrowing
Last Dividend$0.5000Pays Oct 30, 2026
Forward Annual$2.00From the $0.5000 dividend declared Dec 05, 2025
FrequencyQuarterly
Last Ex-DateOct 02, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth12.3%Annual totals, 2024–2025
10-Yr Growth9.1%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

93/100

Very strong indicators

Complete data

Dividend Growth Score

95/100

Very strong growth record

Complete data

Dividend Value Score

78/100

Below own historical valuation

Complete data

DividendRank

89/100

Top fifth of the scale

Complete data

How the Dividend Safety Score is built for MORN
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 18% (TTM to Jun 30, 2026) 100 20%
FCF payout ratioFCF payout ratio 15% (TTM to Jun 30, 2026) 100 25%
Net debt / EBITDANet debt / EBITDA 1.7x (TTM to Jun 30, 2026) 90 15%
Interest coverageInterest coverage 11.5x (TTM to Jun 30, 2026) 92 10%
Dividend record15 years of uninterrupted regular payments 77 20%
Earnings stabilityNet income positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for MORN
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 8.7% (2020–2025) 93 25%
Consecutive annual increases14 consecutive annual increases (through 2025) 85 20%
Payout headroomHeadroom from the earnings payout ratio 18% (TTM to Jun 30, 2026) 100 20%
Earnings per share growth (3 years)EPS CAGR 75.5% (FY2022–FY2025) 100 15%
Revenue growth (3 years)Revenue CAGR 9.3% (FY2022–FY2025) 100 10%
10-year dividend growth10-year dividend CAGR 9.1% (2015–2025) 96 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Value Score is built for MORN
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 76th percentile of its 120 month-end yields 76 40%
P/E vs own 5-year medianP/E 21.4 is 0.28x its 5-year median of 76.9 100 25%
FCF yieldFCF yield 6.2% (TTM to Jun 30, 2026) 82 20%
P/E vs peersP/E 21.4 vs peer median 19.4 (1.10x; 65 corporation / Financial Services securities) 40 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

0.93%

At the Oct 29, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$2.0000

Declared Dec 05, 2025

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

58

As of Oct 29, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$141.84 – $224.89

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

18.26%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

15

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

8.30

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 93/100, yield 0.93%.
A Accelerating
14 consecutive years of dividend increases.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
15 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNASDAQ Global SelectThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume280,600Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$221.80Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$221.00 – $225.29Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$223.33Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$8.06BAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out37.51MImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$11.1512 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)21.2Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateOct 02, 2026Pays Oct 30, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)8.1%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)8.7%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases14 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose14Since Dec 2010
Rank among payers787of 2,430 with a record
Years it fell over 20%0in 14 comparable years
Of peers with 10 to 24 up years75%also cut at some point

MORN has raised its annual dividend in 14 separate years since December 2010, which ranks 787 among the 2,430 payers with a comparable record in our dataset. No year in that span saw the annual total fall by more than a fifth.

Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

MORN's dividend yield fell from 1.04% to 0.93% over the past ~90 days (-0.11 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.11 pp from the share price ($192.57 on Jul 31, 2026 → $214.86 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current0.93%
1-Yr Average1.05%
Low / High0.77% – 1.41%
Percentile29%

Across 273 daily observations over the past 13 months (through Oct 23, 2026), MORN's current yield is higher than approximately 29% of them. Our stored price history for MORN covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.5000 Q Regular Dec 05, 2025 Oct 02, 2026 Oct 02, 2026 Oct 30, 2026
$0.5000 Q Regular Dec 05, 2025 Jul 10, 2026 Jul 10, 2026 Jul 31, 2026
$0.5000 Q Regular Dec 05, 2025 Apr 02, 2026 Apr 03, 2026 Apr 30, 2026
$0.5000 Q Regular Dec 05, 2025 Jan 02, 2026 Jan 02, 2026 Jan 30, 2026
$0.4550 Q Regular Dec 06, 2024 Oct 03, 2025 Oct 03, 2025 Oct 31, 2025
$0.4550 Q Regular Dec 06, 2024 Jul 11, 2025 Jul 11, 2025 Jul 31, 2025
$0.4550 Q Regular Dec 06, 2024 Apr 04, 2025 Apr 04, 2025 Apr 30, 2025
$0.4550 Q Regular Dec 06, 2024 Jan 03, 2025 Jan 03, 2025 Jan 31, 2025
$0.4050 Q Regular Dec 01, 2023 Oct 04, 2024 Oct 04, 2024 Oct 31, 2024
$0.4050 Q Regular Dec 01, 2023 Jul 12, 2024 Jul 12, 2024 Jul 31, 2024
$0.4050 Q Regular Dec 01, 2023 Apr 04, 2024 Apr 05, 2024 Apr 30, 2024
$0.4050 Q Regular Dec 01, 2023 Jan 04, 2024 Jan 05, 2024 Jan 31, 2024
$0.3750 Q Regular Dec 06, 2022 Oct 05, 2023 Oct 06, 2023 Oct 31, 2023
$0.3750 Q Regular Dec 06, 2022 Jul 06, 2023 Jul 07, 2023 Jul 31, 2023
$0.3750 Q Regular Dec 06, 2022 Apr 05, 2023 Apr 07, 2023 Apr 28, 2023
$0.3750 Q Regular Dec 06, 2022 Jan 05, 2023 Jan 06, 2023 Jan 31, 2023
$0.3600 Q Regular Dec 03, 2021 Oct 17, 2022 Oct 18, 2022 Oct 31, 2022
$0.3600 Q Regular Dec 03, 2021 Jun 30, 2022 Jul 01, 2022 Jul 29, 2022
$0.3600 Q Regular Dec 03, 2021 Mar 31, 2022 Apr 01, 2022 Apr 29, 2022
$0.3600 Q Regular Dec 03, 2021 Jan 06, 2022 Jan 07, 2022 Jan 31, 2022
$0.3150 Q Regular Dec 04, 2020 Oct 18, 2021 Oct 19, 2021 Oct 29, 2021
$0.3150 Q Regular Dec 04, 2020 Jul 08, 2021 Jul 09, 2021 Jul 30, 2021
$0.3150 Q Regular Dec 04, 2020 Apr 08, 2021 Apr 09, 2021 Apr 30, 2021
$0.3150 Q Regular Dec 04, 2020 Dec 31, 2020 Jan 04, 2021 Jan 29, 2021
$0.3000 Q Regular Dec 06, 2019 Oct 15, 2020 Oct 16, 2020 Oct 30, 2020
$0.3000 Q Regular May 15, 2020 Jul 01, 2020 Jul 02, 2020 Jul 31, 2020
$0.3000 Q Regular Feb 25, 2020 Apr 02, 2020 Apr 03, 2020 Apr 30, 2020
$0.3000 Q Regular Dec 06, 2019 Jan 02, 2020 Jan 03, 2020 Jan 31, 2020
$0.2800 Q Regular Oct 04, 2019 Oct 17, 2019 Oct 18, 2019 Oct 31, 2019
$0.2800 Q Regular May 17, 2019 Jul 03, 2019 Jul 05, 2019 Jul 31, 2019
$0.2800 Q Regular Feb 26, 2019 Apr 04, 2019 Apr 05, 2019 Apr 30, 2019
$0.2800 Q Regular Dec 14, 2018 Jan 03, 2019 Jan 04, 2019 Jan 31, 2019
$0.2500 Q Regular Oct 05, 2018 Oct 16, 2018 Oct 17, 2018 Oct 31, 2018
$0.2500 Q Regular May 18, 2018 Jul 05, 2018 Jul 06, 2018 Jul 27, 2018
$0.2500 Q Regular Feb 27, 2018 Apr 05, 2018 Apr 06, 2018 Apr 27, 2018
$0.2500 Q Regular Dec 08, 2017 Jan 04, 2018 Jan 05, 2018 Jan 31, 2018
$0.2300 Q Regular Oct 06, 2017 Oct 17, 2017 Oct 18, 2017 Oct 31, 2017
$0.2300 Q Regular May 15, 2017 Jul 05, 2017 Jul 07, 2017 Jul 28, 2017
$0.2300 Q Regular Feb 24, 2017 Apr 05, 2017 Apr 07, 2017 Apr 28, 2017
$0.2300 Q Regular Dec 09, 2016 Jan 04, 2017 Jan 06, 2017 Jan 31, 2017
$0.2200 Q Regular Sep 30, 2016 Oct 06, 2016 Oct 11, 2016 Oct 28, 2016
$0.2200 Q Regular May 13, 2016 Jul 06, 2016 Jul 08, 2016 Jul 29, 2016
$0.2200 Q Regular Feb 26, 2016 Apr 06, 2016 Apr 08, 2016 Apr 29, 2016
$0.2200 Q Regular Dec 04, 2015 Jan 06, 2016 Jan 08, 2016 Jan 29, 2016
$0.1900 Q Regular Sep 25, 2015 Oct 07, 2015 Oct 09, 2015 Oct 30, 2015
$0.1900 Q Regular May 12, 2015 Jul 08, 2015 Jul 10, 2015 Jul 31, 2015
$0.1900 Q Regular Feb 13, 2015 Apr 08, 2015 Apr 10, 2015 Apr 30, 2015
$0.1900 Q Regular Dec 05, 2014 Jan 07, 2015 Jan 09, 2015 Jan 30, 2015
$0.1700 Q Regular Dec 06, 2013 Oct 08, 2014 Oct 10, 2014 Oct 31, 2014
$0.1700 Q Regular Dec 06, 2013 Jul 09, 2014 Jul 11, 2014 Jul 31, 2014
$0.1700 Q Regular Feb 14, 2014 Apr 09, 2014 Apr 11, 2014 Apr 30, 2014
$0.1700 Q Regular Dec 06, 2013 Jan 08, 2014 Jan 10, 2014 Jan 31, 2014
$0.1250 Q Regular Oct 04, 2013 Oct 09, 2013 Oct 14, 2013 Oct 31, 2013
$0.1250 Q Regular May 14, 2013 Jul 10, 2013 Jul 12, 2013 Jul 31, 2013
$0.1250 Q Regular Feb 15, 2013 Apr 10, 2013 Apr 12, 2013 Apr 30, 2013
$0.1250 Q Regular Dec 07, 2012 Dec 13, 2012 Dec 17, 2012 Dec 28, 2012
$0.1000 Q Regular Sep 28, 2012 Oct 10, 2012 Oct 12, 2012 Oct 31, 2012
$0.1000 Q Regular May 16, 2012 Jul 11, 2012 Jul 13, 2012 Jul 31, 2012
$0.1000 Q Regular Feb 23, 2012 Apr 11, 2012 Apr 13, 2012 Apr 30, 2012
$0.1000 Q Regular Oct 27, 2010 Jan 11, 2012 Jan 13, 2012 Jan 31, 2012
$0.0500 Q Regular Sep 23, 2011 Oct 12, 2011 Oct 14, 2011 Oct 31, 2011
$0.0500 Q Regular May 17, 2011 Jul 13, 2011 Jul 15, 2011 Jul 29, 2011
$0.0500 Q Regular Feb 18, 2011 Apr 13, 2011 Apr 15, 2011 Apr 29, 2011
$0.0500 I Regular Oct 28, 2010 Dec 29, 2010 Dec 31, 2010 Jan 14, 2011

Peer Comparison

Selected Financial - Data & Stock Exchanges dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
FDS FactSet Research Systems Inc. 1.48% 7.5% 26 yrs 90
SPGI S&P Global Inc. 0.86% 7.5% 39 yrs 85
ICE Intercontinental Exchange, Inc. 1.33% 9.9% 11 yrs 84
MSCI MSCI Inc. 1.36% 19.8% 10 yrs 83

MORN dividend — frequently asked questions

Does Morningstar, Inc. pay a dividend?

Yes. Morningstar, Inc. (MORN) currently pays a dividend. The annualized dividend is about $2.00 per share, a yield of approximately 0.93%.

What is Morningstar, Inc.'s dividend yield?

Morningstar, Inc.'s dividend yield is approximately 0.93%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Morningstar, Inc. pay dividends?

Morningstar, Inc. pays dividends quarterly — 4 times per year.

How long has Morningstar, Inc. paid dividends?

Morningstar, Inc. has 15 years of dividend payments on record, and has increased its dividend for 14 consecutive years.

Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.