Morningstar, Inc. Declares Regular Quarterly Dividend of 10 Cents Per Share

CHICAGO, Feb. 17, 2012 /PRNewswire/ -- The board of directors of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 10 cents per share. The dividend is payable April 30, 2012 to shareholders of record as of April 13, 2012.

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 individuals, financial advisors, and institutions. Morningstar provides data on approximately 375,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has more than $180 billion in assets under advisement and management as of Dec. 31, 2011. The company has operations in 27 countries.

©2012 Morningstar, Inc. All Rights Reserved.

MORN-C

Media Contact:

Margaret Kirch Cohen, 312-696-6383 or [e-mail]

SOURCE Morningstar, Inc.

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