Morningstar: Dividend Insights
Portfolio Pulse from Benzinga Insights
Morningstar (NASDAQ:MORN) has announced a quarterly dividend of 37.5 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 37.5 cents lower. Shareholders who own MORN as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on July 31, 2023.
July 03, 2023 | 2:46 pm
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Morningstar's announcement of a 37.5 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not indicative of the company's overall performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. This is a normal part of the dividend process and does not reflect negatively on the company's overall performance. However, it may cause a short-term decrease in the stock price.
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