B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Trading Down 0% – Here’s Why

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) shares traded down 0% during mid-day trading on Thursday . The company traded as low as $24.30 and last traded at $24.4260. 3,282 shares were traded during mid-day trading, a decline of 88% from the average session volume of 27,263 shares. The stock had previously closed at $24.43.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Stock Down 0.0%

The company has a 50-day simple moving average of $24.27 and a 200 day simple moving average of $22.91.

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

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Thursday, October 15th will be paid a $0.3125 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.1%.

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

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.