Moelis & Company (MC) Raises Quarterly Dividend 15.6% to $0.37; 4.2% Yield
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Moelis & Company Increases Quarterly Dividend to $0.37 Per Share on Expected 2016 Fiscal Year End Results
January 4, 2017 4:31 PM ESTNEW YORK--(BUSINESS WIRE)-- Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced that its Board of Directors has declared a quarterly dividend of thirty seven cents ($0.37) per share on its Class A common stock, an increase of five cents ($0.05) per share on its regular quarterly dividend, payable on March 17, 2017 to holders of record of such Class A Common Stock outstanding at the close of business on March 3, 2017.
The Firm declared its fourth increase in its quarterly dividend since going public based on expected fourth quarter ended December 31, 2016 revenues in... More
