Moelis & Company (MC) Declares $1.25 Special Dividend; 4.1% Yield

Moelis & Company (NYSE: MC) declared a special dividend of $1.25 per share.

The dividend will be payable on January 5, 2017, to stockholders of record on December 23, 2016, with an ex-dividend date of December 21, 2016.

The annual yield on the dividend is 4.1 percent.

“Our focus on internal talent development and organic growth continues to drive exceptionally high Return on Invested Capital and strong cash flow which we are committed to returning to our shareholders. Including the special dividend announced today, we will have returned $5.69 per share to investors since our IPO less than three years ago while maintaining a debt-free balance sheet,” said Ken Moelis, Chairman and Chief Executive Officer of Moelis & Company.

For a dividend history and other dividend-related data on Moelis & Company (MC) click here.

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