Moelis & Company (MC) will raise its quarterly dividend by 15.6 percent to $0.37 per share. The increased dividend will be payable on March 17, 2017 to holders of record of such Class A Common Stock outstanding at the close of business on March 3, 2017.

"We are pleased to announce an increase in our quarterly dividend and strong year-end results. We continue to grow our Company organically, without acquisitions, and with a focus on return on capital and cost discipline. Our ability to return meaningful cash back to our investors is a result of the strength of this model and our commitment to shareholders. Including the dividend announced today, we will have returned $6.06 per share to investors since our IPO," said Ken Moelis, Chairman and Chief Executive Officer of Moelis & Company.

Moelis & Company is an investment banking advisory firm that provides strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors.