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Houlihan Lokey (HLI) will raise its quarterly dividend by 17.6 percent to $0.20 per share in 2017. The next dividend will be payable on March 15, 2017 to stockholders of record as of the close of business on March 3, 2017.

Houlihan Lokey, Inc. is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, the Middle East, and the Asia-Pacific region. The company was stablished in 1972 and has been paying a dividend every year since 2015 when Houlihan Lokey became a public firm.