Moelis & Company Declares Special Dividend of $1.00 Per Share
June 12 2017 - 4:15PM
Business Wire
Moelis & Company (NYSE: MC), a leading global independent
investment bank, today announced that its Board of Directors has
declared a special dividend of $1.00 per share payable on July 6,
2017 to common stockholders of record on June 22, 2017.
“Today’s special dividend announcement is consistent with our
commitment and track record of returning excess capital to our
shareholders. We remain focused on profitable organic growth and
shareholder returns, which has allowed us to return $7.43 per
share, including today’s dividend, in the three years since our
IPO,” said Ken Moelis, Chairman and Chief Executive Officer of
Moelis & Company.
About Moelis & Company
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. The Firm assists its clients in achieving their
strategic goals by offering comprehensive integrated financial
advisory services across all major industry sectors. Moelis &
Company’s experienced professionals advise clients on their most
critical decisions, including mergers and acquisitions,
recapitalizations and restructurings, capital markets transactions,
and other corporate finance matters. The Firm serves its clients
with about 650 employees based in 17 offices in North and South
America, Europe, the Middle East, Asia and Australia. For further
information, please visit: www.moelis.com or follow us on Twitter
@Moelis.
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version on businesswire.com: http://www.businesswire.com/news/home/20170612006215/en/
Investors:Moelis & CompanyMichele Miyakawa,
+1-310-443-2344michele.miyakawa@moelis.comorMedia:Andrea
Hurst, + 1-212-883-3666M:
+1-347-583-9705andrea.hurst@moelis.com
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