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Morningstar (Morningstar) 3-Year Dividend Growth Rate

: 8.00% (As of Dec. 2023)
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Morningstar's Dividends per Share for the three months ended in Dec. 2023 was $0.41.

The historical rank and industry rank for Morningstar's 3-Year Dividend Growth Rate or its related term are showing as below:

MORN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 8   Med: 9.2   Max: 121.7
Current: 8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Morningstar was 121.70% per year. The lowest was 8.00% per year. And the median was 9.20% per year.

MORN's 3-Year Dividend Growth Rate is ranked worse than
51.33% of 226 companies
in the Capital Markets industry
Industry Median: 8.55 vs MORN: 8.00

During the past 12 months, Morningstar's average Dividends Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Morningstar's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.21. As of today, Morningstar's Dividend Yield % is 0.53%.

Warning Sign:

Morningstar Inc stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, Morningstar's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Morningstar 3-Year Dividend Growth Rate Distribution

For the Capital Markets industry and Financial Services sector, Morningstar's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Morningstar's 3-Year Dividend Growth Rate falls into.



Morningstar 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Morningstar  (NAS:MORN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Morningstar's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.405/ 1.97
=0.21

During the past 13 years, the highest Dividend Payout Ratio of Morningstar was 0.87. The lowest was 0.26. And the median was 0.30.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Morningstar Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4052024-04-042024-04-052024-04-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.4052024-01-042024-01-052024-01-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.3752023-10-052023-10-062023-10-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.3752023-07-062023-07-072023-07-31Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Morningstar's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.56/292.23
=0.53 %

Current Share Price is $292.23.
Morningstar's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.56.

During the past 13 years, the highest Dividend Yield of Morningstar was 1.29%. The lowest was 0.37%. And the median was 0.75%.

Warning Sign:

Morningstar Inc stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Morningstar 3-Year Dividend Growth Rate Related Terms>


Morningstar (Morningstar) Business Description

Traded in Other Exchanges
Address
22 West Washington Street, Chicago, IL, USA, 60602
Morningstar Inc is a provider of independent investment research to financial advisers, asset managers, and investors. The company focuses its operations on two core sectors: data and research. It offers data on investments such as mutual funds, stocks, exchange-traded funds, closed-end funds, separate accounts, and variable annuities. Further, the company tracks real-time market data of equity, derivative, and currency exchanges and other investments. In its research operation, Morningstar offers analyst research on passive and active mutual funds, alternative funds, and college saving plans. Morningstar's largest share of revenue is generated in the United States of America.
Executives
Joseph D Mansueto director, 10 percent owner, officer: Executive Chairman C/O MORNINGSTAR, INC., 225 WEST WACKER DRIVE, CHICAGO IL 60606
Robin Diamonte director C/O MORNINGSTAR, INC., 22 WEST WASHINGTON ST., CHICAGO IL 60602
Gail S Landis director MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Daniel Joseph Dunn officer: Chief Revenue Officer C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Caroline J Tsay director C/O ROSETTA STONE INC., 1919 NORTH LYNN STREET, 7TH FLOOR, ARLINGTON VA 22209
Bevin Desmond officer: Head of Talent and Culture C/O MORNINGSTAR, INC., 225 WEST WACKER DRIVE, CHICAGO IL 60606
William M Lyons director 225 WEST WACKER DRIVE, CHICAGO IL 60606
Cheryl A Francis director 8237 GREYSTONE COURT, BURR RIDGE IL 60527
Doniel Sutton director C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Steven N Kaplan director 1101 EAST 58TH STREET, CHICAGO IL 60637
Stephen Joynt director C/O MORNINGSTAR, INC., 22 W. WASHINGTON STREET, CHICAGO IL 60602
Kimberly J Mcgarry officer: Global Controller & CAO 22 WEST WASHINGTON STREET, 6TH FLOOR, CHICAGO IL 60602
Jason Dubinsky officer: Chief Financial Officer C/O MORNINGSTAR, INC., 22 W. WASHINGTON STREET, CHICAGO IL 60602
Kunal Kapoor director, officer: CEO MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Jack Noonan director 17000 GULF BLVD, UNIT B, N. REDINGTON BEACH FL 33708