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Morningstar, Inc. (MORN) Ex-Dividend Date Scheduled for January 08, 2014
By: NASDAQ.com News
Morningstar, Inc. ( MORN ) will begin trading ex-dividend on January 08, 2014. A cash dividend payment of $0.17 per share is scheduled to be paid on January 31, 2014. Shareholders who purchased MORN stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 36% increase over the prior quarter.
The previous trading day's last sale of MORN was $78.34, representing a -8.88% decrease from the 52 week high of $85.97 and a 27.78% increase over the 52 week low of $61.31.
MORN is a part of the Finance sector, which includes companies such as Franklin Resources, Inc. ( BEN ) and AMERIPRISE FINANCIAL SERVICES, INC. ( AMP ). MORN's current earnings per share, an indicator of a company's profitability, is $2.66. Zacks Investment Research reports MORN's forecasted earnings growth in 2013 as 29.52%, compared to an industry average of 8.3%.