Morningstar, Inc. Declares Quarterly Dividend of 40.5 Cents Per Share
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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 “consider,” “future,”
“maintain,” “may,” “expect,” “potential,” “anticipate,” “believe,” “continue,” “will,” or the negative
thereof, and similar expressions. 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, failing to maintain and protect our
brand, independence, and reputation; failure to prevent and/or mitigate cybersecurity events and the
failure to protect confidential information, including personal information about individuals;
compliance failures, regulatory action, or changes in laws applicable to our credit ratings operations,
investment advisory, environmental, social, and governance (ESG) and index businesses; failing to
innovate our product and service offerings, or anticipate our clients’ changing needs; the impact of
artificial intelligence (AI) and related technologies on our business, legal and regulatory exposure
profile and reputation; failing to detect errors in our products or the failure of our products to perform
properly due to defects, malfunctions or similar problems; failing to recruit, develop, and retain
qualified employees; prolonged volatility or downturns affecting the financial sector, global financial
markets, and the global economy and its effect on our revenue from asset-based fees and our credit
ratings business; failing to scale our operations and increase productivity in order to implement our
business plans and strategies; liability for any losses that result from errors in our automated advisory
tools or errors in the use of the information and data we collect; inadequacy of our operational risk
management, business continuity programs and insurance coverage in the event of a material
disruptive event; failing to efficiently integrate and leverage acquisitions and other investments, which
may not realize the expected business or financial benefits, to produce the results we anticipate; failing
to maintain growth across our businesses in today's fragmented geopolitical, regulatory and cultural
world; liability relating to the information and data we collect, store, use, create, and distribute or the
reports that we publish or are produced by our software products; the potential adverse effect of our
indebtedness on our cash flows and financial and operational flexibility; challenges in accounting for
tax complexities in the global jurisdictions which we operate in and their effect on our tax obligations
and tax rates; and failing to protect our intellectual property rights or claims of intellectual property
infringement against us. A more complete description of these risks and uncertainties, among others,
can be found in our filings with the
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MORN-C
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Source: Morningstar, Inc.