Moelis & Company (MC) Declares $2.50 Special Dividend; 3.6% Yield

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Go back to Moelis & Company (MC) Declares $2.50 Special Dividend; 3.6% Yield

Moelis & Company Reports Record Third Quarter and First Nine Months 2021 Financial Results; Declares Special Dividend of $2.50 Per Share in Addition to Regular Quarterly Dividend of $0.60 Per Shar

October 27, 2021 4:15 PM EDT

Record Third Quarter and First Nine Months Revenues and Earnings Per Share

For the third quarter and first nine months of 2021, GAAP revenues were $490.8 million and $1,115.6 million, respectively Adjusted revenues for the third quarter of 2021 were $515.9 million, up 149% from the third quarter of 2020 and represent the largest quarter of Adjusted revenues in the Firms history Adjusted revenues for the first nine months of 2021 were $1,140.7 million, up 119% from the same period of the prior year GAAP net income of $1.76 per share (diluted) for the third quarter and... More