Differentiated model providing a compelling investment opportunity
Commitment to our shareholders
Capital-light business model provides strong capital returns
Strong financial position with
minimal capital requirements
No debt or goodwill
~$2.4bn
$
>120%
Cash and liquid investments of
$170 million as of March 31,
2023
of capital returned to
shareholders since IPO1
of IPO price returned to
shareholders through
dividends²
Leading dividend yield³
$5.00
$4.00
$3.00
$4.50
6.0%
5.4%
5.0%
4.0%
$2.00
$2.75
$2.50
$2.35
$1.00
$1.91
$2.01
$2.00
3.0%
$2.40
2.0%
$1.00
$1.10
$1.31 $1.25
$1.58
$1.44
$0.60
$0.80
$0.75
1.0%
2014
2015
2016
2017
2018
2019
2020
2021
2022
Regular Dividends
Special Dividends
Dividend Yield
Moelis
Note:
1.
2.
3.
Total dollar amount of capital returned to shareholders in the form of regular and special dividends and share repurchases since IPO through the three month period ended March 31,
2023; includes Q1 2023 dividend that has been declared but not yet paid
$30.85 per share in dividends, including Q1 2023 dividend that has been declared but not yet paid; IPO price of $25/share
Dividend yield represents regular dividends declared in respect to each performance year as a percentage of the average share price in each fiscal year ended December 31
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