Moelis & Company (MC) Declares $2.00 Special Dividend; 3.5% Yield

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Go back to Moelis & Company (MC) Declares $2.00 Special Dividend; 3.5% Yield

Moelis & Company Reports Record First Quarter 2021 Financial Results; Declares Special Dividend of $2.00 per share in Addition to Regular Quarterly Dividend of $0.55 Per Share

April 28, 2021 4:15 PM EDT

Record First Quarter Revenues

First quarter revenues of $263.9 million, up 72% from the same period of 2020 GAAP net income of $1.00 per share (diluted) for the first quarter of 2021; Adjusted net income of $1.02 per share (diluted) for the first quarter of 2021, including a $0.27 per share tax benefit First quarter 2021 adjusted pre-tax margin of 29% versus 17% in the prior year period Continued to execute on organic growth strategy: Added ten Managing Directors year-to-date through internal development and key external hires; strong pipeline of 2021 Managing Director... More