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Financial Services Asset Management

Moelis & Company is a global independent investment bank that provides strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Company assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across various industry sectors. It advises clients on their critical... see more

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Moelis & Co > 13.3% dividend yield, US$721 million in cash and no debt

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Post by laurencelefou on Feb 22, 2022 7:45am

13.3% dividend yield, US$721 million in cash and no debt

Moelis & Co. is an investment bank and a trusted advisor in mergers and acquisitions, restructuring, and other capital markets work. It played a role in several big deals -- including Walt Disney's $85 billion acquisition of 21st Century Fox, CBS and Viacom's $48 million merger, and Hertz Global Holdings' $24 billion restructuring.

Moelis & Co. is the No. 1 ranking restructuring advisory in the U.S. and the world and benefited from strong deal activity in what turned out to be a record year for investment bankers. There were 62,000 announced deals across the globe with deal value totaling $5.1 trillion, smashing the previous record of $4.2 trillion in 2007.

The firm has cash and liquid assets of $721 million, with no debt or goodwill.

Last year, the company declared $6.85 in dividends, including two special dividends of $2 and $2.50. Including these special dividend boosts, Moelis & Co.'s dividend yield was 13.3%.

Although the pace of growth for investment banking will not continue at the same rate, analysts from the accounting firm PricewaterhouseCoopers believe the level of deal making will remain robust.

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