Morningstar Inc. (MORN) Declares Quarterly Dividend of $0.13
Morningstar (NASDAQ:MORN) declared a quarterly dividend on Friday, October 4th, AnalystRatingsNetwork reports. Shareholders of record on Monday, October 14th will be given a dividend of $0.125 per share on Thursday, October 31st. This represents a $0.50 dividend on an annualized basis and a yield of 0.64%.
Shares of Morningstar (NASDAQ:MORN) traded up 0.49% on Friday, hitting $77.9101. The stock had a trading volume of 8,906 shares. Morningstar has a 52-week low of $60.69 and a 52-week high of $80.00. The stock has a 50-day moving average of $77.7 and a 200-day moving average of $73.13. The company has a market cap of $3.593 billion and a price-to-earnings ratio of 30.40.
In other Morningstar news, Director Steven N. Kaplan sold 2,000 shares of the company’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $78.24, for a total transaction of $156,480.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Morningstar, Inc, is a provider of independent investment research to investors worldwide. It operates in two segments: Investment Information and Investment Management.
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