B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Stock Price Up 0.4% – Time to Buy?

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) shares rose 0.4% during trading on Monday . The company traded as high as $24.50 and last traded at $24.48. Approximately 16,845 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 30,662 shares. The stock had previously closed at $24.38.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Stock Up 0.4%

The stock has a 50-day simple moving average of $23.29 and a 200 day simple moving average of $21.30.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a $0.3125 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.1%.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Company Profile

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.