By Sarina Isaacs
Morningstar said Friday that it raised its quarterly dividend by 12.3%.
The Chicago-based financial-services firm said it boosted the payout to 45.5 cents a share from the prior 40.5 cents.
The new payout, equal to $1.82 a year, represents an annual yield of about 0.5% based on Friday's closing price of $358.02. The dividend is payable Jan. 31 to shareholders of record as of Jan. 3.
The company's last dividend raise came about a year ago, when it lifted its payout by 8%.
Write to Sarina Isaacs at sarina.isaacs@wsj.com
(END) Dow Jones Newswires
December 06, 2024 16:35 ET (21:35 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。