11:12 AM EST, 01/29/2025 (MT Newswires) -- (Updates with dividend information in the fifth paragraph and stock price movement in the last paragraph.)

MSCI ( MSCI ) reported Q4 adjusted earnings Wednesday of $4.18 per diluted share, up from $3.68 a year earlier.

Analysts polled by FactSet expected $3.96.

Operating revenue for the quarter ended Dec. 31 was $743.5 million, compared with $690.1 million a year earlier.

Analysts surveyed by FactSet expected $745.4 million.

The company said its board increased its quarterly cash dividend to $1.80 per share from $1.60. The dividend is payable on Feb. 28 to shareholders of record as of the close of trading on Feb. 14.

MSCI ( MSCI ) shares were down nearly 5% in recent trading.

Price: 598.75, Change: -29.60, Percent Change: -4.71