CHICAGO, Oct. 5, 2018 /PRNewswire/ -- The board of
directors of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today declared a quarterly
dividend of 25 cents per share. The dividend is payable Oct. 31, 2018
to shareholders of record as of Oct. 17, 2018.
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North
America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial
advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the private capital markets.
Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products,
publicly listed companies, private capital markets, and real-time global market data. Morningstar also offers investment
management services through its investment advisory subsidiaries, with more than $203 billion in
assets under advisement and management as of June 30, 2018. The company has operations in 27
countries.
Caution Concerning Forward-Looking Statements
This press release contains forward-looking statements as that term is used in the Private Securities Litigation
Reform Act of 1995. These statements are based on our current expectations about future events or future financial performance.
Forward-looking statements by their nature address matters that are, to different degrees, uncertain, and often contain words
such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential,"
"prospects," or "continue." These statements involve known and unknown risks and uncertainties that may cause the events we
discuss not to occur or to differ significantly from what we expect. For us, these risks and uncertainties include, among others,
liability for any losses that result from an actual or claimed breach of our fiduciary duties; failing to maintain and protect
our brand, independence, and reputation; failing to differentiate our products and continuously create innovative, proprietary
research tools; failing to respond to technological change, keep pace with new technology developments, or adopt a successful
technology strategy; trends in the asset management industry, including the increasing popularity of passively managed investment
vehicles; inadequacy in our business continuity program in the event of a material emergency or adverse political or regulatory
developments; liability related to the storage of personal information related to individuals as well as portfolio and
account-level information; compliance failures, regulatory action, or changes in laws applicable to our investment advisory or
credit rating operations; an outage of our database, technology-based products and services, or network facilities or the
movement of parts of our technology infrastructure to the public cloud; downturns in the financial sector, global markets, and
global economy; the effect of market volatility on revenue from asset-based fees; the failure of acquisitions and other
investments to produce the results we anticipate; the failure to recruit, develop, and retain qualified employees; challenges
faced by our non-U.S. operations, including the concentration of data and development work at our offshore facilities in
China and India; liability relating to the acquisition or
redistribution of data or information we acquire or errors included therein; and the failure to protect our intellectual property
rights or claims of intellectual property infringement against us. A more complete description of these risks and uncertainties
can be found in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year
ended December 31, 2017. If any of these risks and uncertainties materialize, our actual future
results may vary significantly from what we expected. We do not undertake to update our forward-looking statements as a result of
new information or future events.
©2018 Morningstar, Inc. All Rights Reserved.
MORN-C
Media Contact:
Sasha Bigda, +1 312 244-7493 or sasha.bigda@morningstar.com
Investor Relations Contact:
Barbara Noverini, CFA, +1 312 696-6164 or barbara.noverini@morningstar.com
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SOURCE Morningstar, Inc.