Moelis & Company (MC) Declares $2.00 Special Dividend; 4.7% Yield
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Moelis & Company Declares Special Dividend of $2.00 Per Share
December 7, 2020 4:15 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 special dividend of $2.00 per share payable on December 29, 2020 to common stockholders of record on December 18, 2020.
As a result of the strong momentum and positive outlook in our business, we declared a special dividend of $2.00 per share today. We remain committed to returning all of our excess cash to shareholders, said Ken Moelis, Chairman and Chief Executive Officer of Moelis & Company.
About Moelis & Company
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