Trailing Dividend / Share
$1.82
Morningstar, Inc. (MORN) Dividend History
Income profile from 2010 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.1%
Payout Ratio
20.6%
Sustainable
Dividend Streak
12 years
MORN Dividend Income Check
Safety
20.6% payout ratio with sustainable safety profile.
Consistency
12 straight years of dividend increases.
Income Trend
Yield on cost is 0.8% and trend is flat.
MORN Dividend Scorecard
Yield & Income
Dividend Yield1.1%
Trailing DPS$1.82
FrequencyQuarterly
Payments / 12M6
Payout Safety
Earnings Payout20.6%
Earnings SafetySustainable
FCF Payout15.8%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak12 years
3Y CAGR8.1%
5Y CAGR3.7%
Yield on Cost (5Y)0.8%
YOC Trendflat
Total Returns
Buyback Yield12.3%
Total Shareholder Yield13.4%
1Y Total Return-42.2%
5Y Total Return-32.8%
Div Contribution (5Y)3.1%
Estimated $10K growth (return + dividends):
5Y ago$6,72310Y ago$22,02820Y ago$39,291
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MORN Income Growth Story
Dividend per share and yield on cost over time (17 years of payments)
MORN Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Morningstar, Inc. distributes 20.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 15.8%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
MORN has raised its dividend for 12 consecutive years, with a 3-year CAGR of 8.1% and 5-year CAGR of 3.7%.
Total Shareholder Returns
Beyond cash dividends, MORN returns capital through share repurchases. The combined picture: 1.1% dividend yield, 12.3% buyback yield, 13.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 0.8% and is currently flat. The 5-year total return is -32.8%, with dividends contributing 3.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $22,028 today.
MORN Recent Dividend Payments
Last 20 payments · Quarterly
TTM Total$8.38
Avg/Payment$0.4190
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Oct 2, 2026Latest | $0.5000 | — | 1.17% | Oct 30, 2026 |
| Jul 10, 2026 | $0.5000 | — | 1.15% | Jul 31, 2026 |
| Apr 2, 2026 | $0.5000 | — | 1.10% | Apr 30, 2026 |
| Jan 2, 2026 | $0.5000 | ↑ +9.9% | 88.63% | Jan 30, 2026 |
| Oct 3, 2025 | $0.4550 | — | 80.49% | Oct 31, 2025 |
| Jul 11, 2025 | $0.4550 | — | 60.23% | Jul 31, 2025 |
| Apr 4, 2025 | $0.4550 | — | 64.00% | Apr 30, 2025 |
| Jan 3, 2025 | $0.4550 | ↑ +12.3% | 49.89% | Jan 31, 2025 |
MORN Dividend vs Peers
Comparable companies in the same industry
#5 yield in peer group
Div Yield
1.1%
#5 of 8
Safety
Sustainable
20.6% payout
Streak
12Y
3.7% 5Y CAGR
Total Shareholder
13.4%
#1 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| MORNMorningstar, Inc. | $6.4B | 1.1% | 20.6% | 12 | Sustainable |
 MSCIMSCI Inc. | $42.4B | 1.2% | 46.3% | 11 | Sustainable |
 SPGIS&P Global Inc. | $125.4B | 0.9% | 26.2% | 12 | Sustainable |
 MCOMoody's Corporation | $79.5B | 0.9% | 28.5% | 22 | Sustainable |
2nd  FDSFactSet Research Sys… | $9.1B | 2.0% | 26.8% | 21 | Sustainable |
3rd  ICEIntercontinental Exc… | $86.9B | 1.3% | 33.4% | 14 | Sustainable |
 VRSKVerisk Analytics, In… | $22.4B | 1.1% | 27.6% | 7 | Sustainable |
1st  TRIThomson Reuters Corp… | $40.0B | 2.6% | 68.9% | 7 | Watch |
MORN Annual Dividend History (2000–2026)
27 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.00 | — | 4 | — | — | — | 0.9% |
| 2025 | $1.82 | 12.3% | 4 | $8.87 | 20.5% | 4.87x | 0.8% |
| 2024 | $1.62 | 8.0% | 4 | $8.58 | 18.9% | 5.30x | 0.7% |
| 2023 | $1.50 | 4.2% | 4 | $3.29 | 45.6% | 2.19x | 0.6% |
| 2022 | $1.44 | 52.4% | 4 | $1.64 | 87.8% | 1.14x | 0.6% |
| 2021 | $0.95 | -37.6% | 3 | $4.45 | 21.2% | 4.71x | 0.4% |
| 2020 | $1.51 | 35.3% | 5 | $5.18 | 29.2% | 3.42x | 0.7% |
| 2019 | $1.12 | 12.0% | 4 | $3.52 | 31.8% | 3.14x | 0.5% |
| 2018 | $1.00 | 8.7% | 4 | $4.26 | 23.5% | 4.26x | 0.4% |
| 2017 | $0.92 | 4.5% | 4 | $3.18 | 28.9% | 3.46x | 0.4% |
See MORN's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MORN Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MORN vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonMORN — Frequently Asked Questions
Quick answers to the most common questions about buying MORN stock.
How much dividend does MORN pay per share?
Morningstar, Inc. (MORN) pays a trailing 12-month dividend of $1.82 per share, with a current dividend yield of +1.1%. Payments are made Quarterly.
When is MORN's next ex-dividend date?
MORN's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MORN typically pays dividends Quarterly.
Is MORN's dividend safe?
MORN's dividend safety is rated "Sustainable" based on an earnings payout ratio of +20.6% and FCF payout ratio of +15.8%. With 12 consecutive years of dividend growth, the track record supports sustainability.
Is MORN a Dividend Achiever?
Yes, Morningstar, Inc. is classified as a Dividend Achiever with 12 consecutive years of dividend increases. The 5-year dividend CAGR is +3.7%, demonstrating modest dividend growth.
How often does MORN pay dividends?
Morningstar, Inc. pays dividends Quarterly. The trailing 12-month total is $1.82 per share. Dividend data on this page covers 16+ years from 2010 to 2026.
How much would $10,000 invested in MORN grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MORN five years ago would be worth approximately $6,723 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MORN's yield on cost for long-term holders?
MORN's yield on cost — the current dividend divided by the original purchase price — is +0.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.1% market yield, thanks to consistent dividend growth.