Morningstar (Morningstar) Dividend Payout Ratio

: 0.21 (As of Dec. 2023)

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Morningstar's dividend payout ratio for the months ended in Dec. 2023 was 0.21.

The historical rank and industry rank for Morningstar's Dividend Payout Ratio or its related term are showing as below:

MORN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.3 Max: 0.87
Current: 0.35

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.

MORN's Dividend Payout Ratio is ranked better than
57.24% of 304 companies
in the Capital Markets industry
Industry Median: 0.405 vs MORN: 0.35

As of today (2024-04-19), the Dividend Yield % of Morningstar is 0.53%.

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

Morningstar's Dividends per Share for the months ended in Dec. 2023 was $0.41.

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.

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.

The growth rate is calculated with least square regression.

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

Morningstar Dividend Payout Ratio Historical Data

The historical data trend for Morningstar's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Morningstar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.36

0.33

0.30

0.87

0.30

Morningstar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.65	-	0.29	0.29	0.21

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, Morningstar's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Capital Markets industry and Financial Services sector, Morningstar's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Morningstar's Dividend Payout Ratio falls into.

Morningstar Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.53	/	5.12
	=	0.30

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

Morningstar (NAS:MORN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Morningstar Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Morningstar's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Morningstar (Morningstar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Morningstar Inc (NAS:MORN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MRS:Germany

Address

22 West Washington Street, Chicago, IL, USA, 60602

Website

https://www.morningstar.com

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