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Moelis & Company (MC) Declares $1.50 Special Dividend; 2.4% Yield

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Moelis & Company (MC) Declares $0.47 Quarterly Dividend; 3% Yield

July 23, 2018 4:28 PM EDT

Moelis & Company (NYSE: MC) declared a quarterly dividend of $0.47 per share, or $1.88 annualized.

The dividend will be payable on September 12, 2018, to stockholders of record on August 2, 2018, with an ex-dividend date of August 1, 2018.

The annual yield on the dividend is 3 percent.

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Moelis & Company (MC) Tops Q2 EPS by 22c, Revenues Beat

July 23, 2018 4:20 PM EDT

Moelis & Company (NYSE: MC) reported Q2 EPS of $0.78, $0.22 better than the analyst estimate of $0.56. Revenue for the quarter came in at $220.4 million versus the consensus estimate of $187.14 million.

Record Second Quarter and First Half Revenues

Second quarter revenues of $220.4 million, up 28% from the second quarter of 2017; first half revenues of $439.8 million, up 27% from the same period of 2017GAAP net income of $0.72 per share (diluted) for the... More