Moelis & Company (NYSE: MC) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is a 17.6% increase from the dividend of $0.17 per share planned in the Firm’s IPO prospectu

The dividend will be payable on September 8, 2014, to stockholders of record on August 25, 2014, with an ex-dividend date of August 21, 2014.

The annual yield on the dividend is 2.3 percent.

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