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AI brief of an SEC Form 8-K · Morningstar (MORN)

Morningstar CFO Dubinsky to step down December 31; quarterly dividend raised 12.3%

Mixed Impact 4 of 5 leadership Written later

Morningstar's board raised its quarterly dividend to 45.5 cents per share from 40.5 cents, an expected annualized dividend of $1.82 compared with $1.62. The company also said CFO Jason Dubinsky will step down effective December 31, 2024, then serve as a consultant through June 30, 2025, which is a change in the company's finance leadership.

Key points

  • Quarterly dividend of 45.5 cents per share, up from 40.5 cents, a 12.3% increase; payable Jan. 31, 2025 to holders of record as of Jan. 3, 2025
  • Expected annualized dividend of $1.82 per share versus $1.62 previously
  • CFO Jason Dubinsky steps down effective Dec. 31, 2024; consulting arrangement at $52,500 bi-weekly through June 30, 2025
  • Separation agreement dated Dec. 3, 2024 includes a one-time payment equal to his 2024 base salary and continued vesting of equity awards

The filing

CompanyMorningstar (MORN)
Form8-K, current report
Filed with the SECDec 6, 2024, 5:03 PM ET
Accession number0001289419-24-000152

Items reported: 5.02 Director / Officer Change8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 06, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.