Moelis & Company (MC) will raise its quarterly dividend by 27 percent to $0.47 per share. The company will also pay a special dividend of $1.50 per share.
Both dividends are payable on March 7, 2018 to shareholders of record on February 20, 2018. The new dividend yield for MC is 3.6%.
Moelis & Company is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors.