Evercore Partners (EVR) Raises Quarterly Dividend 9.7% to $0.34; 2.5% Yield

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Evercore Reports Third Quarter 2016 Results; Quarterly Dividend Raised To $0.34 Per Share

October 26, 2016 6:00 AM EDT

NEW YORK, Oct. 26, 2016 /PRNewswire/ --

Highlights

Third Quarter Financial Summary U.S. GAAP Net Revenues of $386.3 million, up 25% compared to Q3 2015 U.S. GAAP Net Income Attributable to Evercore Partners Inc. of $34.7 million, up 382% compared to Q3 2015, or $0.79 per share, up 394% compared to Q3 2015 Adjusted Net Revenues of $383.5 million, up 25% compared to Q3 2015; 28% after adjusting for the deconsolidation of an Investment Management affiliate Adjusted Net Income Attributable to... More