An improved hydroprocessing catalyst having improved morphology/dispersion characteristics is provided. The hydroprocessing catalyst has the formula (M.sup.t).sub.a(L.sup.u).sub.b(S.sup.v).sub.d(C.sup.w).sub.e(H.sup.x).sub- .f(O.sup.y).sub.g(N.sup.z).sub.h, wherein M is at least one group VIB metal; L is optional and if present, L is at least one Group VIII non-noble metal; t, u, v, w, x, y, z representing the total charge for each of the components (M, X, S, C, H, O and N, respectively); ta+ub+vd+we+xf+yg+zh=0; 0=