5 High Dividend Stocks with Attractive Payout Ratios

3. Moelis & Company (NYSE:MC)

Dividend Yield as of March 25: 5.20%

Dividend Payout Ratio: 43.52%

Number of Hedge Fund Holders: 26

Moelis & Company (NYSE:MC) is headquartered in New York, operating as an investment banking advisory company across the United States, Europe, and international markets. Moelis & Company (NYSE:MC)’s dividend yield on March 25 came in at 5.20%. 

Moelis & Company (NYSE:MC) declared on February 9 declared a $0.60 per share quarterly dividend. The dividend is payable on March 28, to shareholders of record on February 22. 

On March 9, Piper Sandler analyst Jeffery Harte lowered the price target on Moelis & Company (NYSE:MC) to $61 from $70 and maintained an Overweight rating on the shares. The reduced price target for independent financial advisors accounts for higher macroeconomic uncertainty. 

According to the Q4 database of Insider Monkey, 26 hedge funds were bullish on Moelis & Company (NYSE:MC), compared to 25 funds in the prior quarter. Heard Capital owned the largest stake in the company, with 598,938 shares worth $37.4 million.