Moelis & Company (MC) Declares $0.47 Quarterly Dividend; 3.5% Yield

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Moelis & Company Reports Record First Quarter 2018 Financial Results; Quarterly Dividend of $0.47 Per Share

April 23, 2018 4:17 PM EDT

Record first quarter revenues of $219.4 million, up 27% from the first quarter of 2017 GAAP net income of $0.75 per share (diluted) for the first quarter of 2018; Adjusted net income of $0.84 per share (diluted) for the first quarter, including a $0.19 per share tax benefit Continued to execute on organic growth strategy Announced two veteran Managing Director hires in London; expands our equity capital markets capabilities and our coverage of financial institutions in EMEA Hired one Managing Director in the U.S. to provide financial and strategic... More