Morningstar, Inc. (NASDAQ:MORN) will begin trading ex-dividend on October 15, 2020. The quarterly dividend payment of $ 0.30 per share is scheduled to be paid on October 30, 2020. The dividend yield based on the latest trading day closing price was 0.65 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Morningstar, Inc. recently reported second quarter financial results on July 29, 2020, after market close, the Chicago based company revealed income for the second quarter of $ 1.43 per share, from the revenue of $ 327.90 million. The quarterly earnings hiked 16.46 percent while revenues compared with the same quarter last year.
Street analysts expected . The bottom line results street analysts by $ 0.52 or , at the same time, top line results analysts by $ 24.17 million or .
Stock Performance
Shares of Morningstar, Inc. traded up $ 1.55 or 0.85 percent on Tuesday, reaching $ 184.40 with volume of 61.20 thousand shares. Morningstar, Inc. has traded high as $ 184.87 and has cracked $ 182.85 on the downward trend
According to the previous trading day, closing price of $ 184.40, representing a 78.23 % increase from the 52 week low of $ 102.59 and a 1.12 % decrease over the 52 week high of $ 184.93.
The company has a market capital of $ 7.91 billion and is part of the Industrials sector and Business Services industry.
Morningstar, Inc. provides independent investment research services in North America, Europe, Australia, Canada, Asia, and internationally. It offers a line of data, research, and software tools on a range of investment offerings, including managed investment products, publicly listed companies, fixed income securities, private capital markets, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors.
