Morningstar raises quarterly dividend 12.3% to 45.5 cents per share

Morningstar, Inc.

Quarterly dividend increased to $0.455 from $0.405; annualized rate rises to $1.82 from $1.62.
Dividend payable Jan 31, 2025 to shareholders of record Jan 3, 2025.
CFO Jason Dubinsky steps down Dec 31, 2024; separation agreement includes base salary payment, bonus, and continued equity vesting.
Dubinsky to receive $52,500 bi-weekly under six-month consulting arrangement through June 2025.
Expected 2025 dividend schedule: payable Apr 30, Jul 31, Oct 31 on respective record dates.

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