Moelis & Company (MC) Declares $0.32 Quarterly Dividend; 5.1% Yield

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Go back to Moelis & Company (MC) Declares $0.32 Quarterly Dividend; 5.1% Yield

Moelis & Company Reports Third Quarter 2016 Financial Results; Quarterly Dividend of $0.32 Per Share

October 26, 2016 4:16 PM EDT

Third quarter revenues of $150.7 million compare with $151.8 million of revenues in the third quarter of 2015; first nine month revenues of $408.8 million, up 8% from the same period of 2015 GAAP net income of $0.39 per share (diluted) for the third quarter and $0.99 per share (diluted) for the first nine months of 2016; Adjusted net income of $0.44 per share (diluted) for the third quarter and $1.14 per share (diluted) for the first nine months of 2016 Continued to execute on organic growth strategy

Entered into a strategic alliance with... More