The board of directors of Morningstar, Inc. declared a quarterly dividend of 37.5 cents per share, an increase of 4.2%. The dividend is payable January 31, 2023, to shareholders of record as of January 6, 2023. The 1.5 cent increase from the prior quarterly rate of 36 cents per share results in an annualized dividend of $1.50 per share compared with the prior annualized rate of $1.44 per share.

While subsequent dividends will be subject to board approval, the company expects to pay three additional dividends in 2022: Record Date: April 7, 2023, July 7, 2023 and October 6, 2022. Payable Date: April 28, 2023, July 31, 2023 and October 31, 2023.