Morningstar (STU:MRS) Dividend Payout Ratio: 0.16 (As of Mar. 2026) — 38% Below Median

What is Morningstar Dividend Payout Ratio?

Morningstar STU:MRS +1.65% 74 Dividend Payout Ratio is 0.16 as of Mar. 2026, which is 38% below its 10-year median of 0.26. GuruFocus rates STU:MRS with a GF Score™ of 74/100 and a GF Value™ of €306.20 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 328 Capital Markets companies, Morningstar ranks better than 77.74% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Morningstar's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.16.

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

STU:MRS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.26 Max: 0.38
Current: 0.18

During the past 13 years, the highest Dividend Payout Ratio of Morningstar was 0.38. The lowest was 0.18. And the median was 0.26.

STU:MRS's Dividend Payout Ratio is ranked better than
77.74% of 328 companies
in the Capital Markets industry
Industry Median: 0.34 vs STU:MRS: 0.18

As of today (2026-07-07), the Dividend Yield % of Morningstar is 1.13%.

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 0.71%.

Morningstar's Dividends per Share for the months ended in Mar. 2026 was €0.43.

During the past 12 months, Morningstar's average Dividends Per Share Growth Rate was 11.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.60% 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 8.90% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Morningstar (STU:MRS) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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

Morningstar Dividend Payout Ratio Historical Data

* Premium members only.

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.

Morningstar Dividend Payout Ratio Chart

Morningstar Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.21

0.38

0.30

0.21

0.19

Morningstar Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.20	0.19	0.18	0.19	0.16

STU:MRS vs FDS, OTCM, VALU: Dividend Payout Ratio 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 vs Capital Markets Industry

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.

Save Embed

74GF Score

Morningstar Inc STU:MRS

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Morningstar Dividend Payout Ratio Calculation

Morningstar's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	1.593	/	8.42
	=	0.19

Morningstar's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.432	/	2.751
	=	0.16

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.16 mean?

Morningstar (STU:MRS) has a Dividend Payout Ratio of 0.16 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Morningstar and its competitors. This is 38% below median its historical median of 0.26. Over the past decade, Morningstar's Dividend Payout Ratio has ranged from 0.18 to 0.38. According to the industry distribution chart, Morningstar ranks #73 out of 328 companies in the Capital Markets industry, placing it in the top 22.3%.

Is Morningstar's Dividend Payout Ratio too high?

Morningstar's current Dividend Payout Ratio of 0.16 is 38% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.38. The Capital Markets industry median Dividend Payout Ratio is 0.34. Morningstar's value of 0.16 is 52.9% below this industry median. Based on the distribution chart, Morningstar ranks #73 out of 328 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Morningstar has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Morningstar's Dividend Payout Ratio compare to FDS and OTCM?

According to the Capital Markets industry distribution chart, Morningstar ranks #73 out of 328 companies for Dividend Payout Ratio. This places Morningstar in the top 22% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.34. Morningstar's value of 0.16 is 52.9% below this benchmark. Historically, Morningstar's own Dividend Payout Ratio has ranged from 0.18 to 0.38 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.34, Morningstar has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Capital Markets company?

The median Dividend Payout Ratio among Capital Markets companies is 0.34, based on 328 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morningstar's current Dividend Payout Ratio of 0.16 is 52.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Morningstar and its competitors. For the Capital Markets industry, the median Dividend Payout Ratio is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morningstar's current Dividend Payout Ratio is 0.16, which is 38% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Morningstar stock overvalued right now?

Based on GuruFocus' analysis, Morningstar (STU:MRS) is currently considered Significantly Undervalued. The stock's GF Value™ is €306.20, compared to a current price of €145.20 — trading 52.6% below its estimated fair value. The current Dividend Payout Ratio is 0.16, which is 38% below median its 10-year median of 0.26 and 52.9% below the Capital Markets industry median of 0.34. Morningstar's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Morningstar (STU:MRS), the current Dividend Payout Ratio is 0.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Morningstar (STU:MRS) Overvalued in 2026?

Based on GuruFocus' analysis, Morningstar stock appears to be undervalued. The current stock price of €145.20 is trading 52.6% below its estimated GF Value™ of €306.20. GuruFocus considers Morningstar to be Significantly Undervalued.

Key valuation signals for STU:MRS:

Dividend Payout Ratio: 0.16 (38% below median its 10-year median of 0.26)
GF Value™: €306.20 vs. price of €145.20 (52.6% below fair value)
GF Score™: 74/100 with 2 warning signs
Industry Position: 52.9% below the Capital Markets median (#73 of 328)

No single metric tells the full story. See the STU:MRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Morningstar Business Description

Industry Financial Services Capital Markets

Comparable Companies FDS OTCM VALU DTCX MKTW QMCI BTOG TRU CBOE SPGI CME MCO ICE HKSE:00388 LSE:LSEG XTER:DB1 NDAQ MSCI COIN SZSE:300033

Other Exchanges MORN:USA

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

Website https://www.morningstar.com

Morningstar Inc is a provider of independent investment insights to financial advisers, asset managers, and investors. It provides data and research insights on various investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time market data. The company has five reportable segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. Maximum revenue is derived from the Morningstar Direct Platform, which provides investors with comprehensive data, research, insights, and investment analysis through product areas such as Morningstar Data, Morningstar Direct, and Morningstar Advisor Workstation. Geographically, it generates maximum revenue from the USA.

74GF Score

Get the complete analysis for STU:MRS

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€145.20

Price

€306.20

GF Value

View STU:MRS Analysis

See Dividend Payout Ratio data for all stocks →