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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2019
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 23. SUBSEQUENT EVENTS

 

On July 9, 2019, the Board approved the declaration of a quarterly dividend of $0.50 per share of Moody’s common stock, payable on September 10, 2019 to shareholders of record at the close of business on August 20, 2019.

 

On July 16, 2019 the Company entered into an agreement to sell its Moody’s Analytics Knowledge Services (MAKS) business to Equistone Partners Europe Limited (Equistone), a European private equity firm. The MAKS business has been deemed to be held for sale in accordance with U.S. GAAP at June 30, 2019. Refer to Note 10 of the condensed consolidated financial statements for further information on the anticipated financial impact of this divestiture.