B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Announces Quarterly Dividend of $0.38 (NASDAQ:RILYT)

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) announced a quarterly dividend on Friday, January 1st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.375 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Wednesday, July 15th.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Performance

NASDAQ:RILYT opened at $20.75 on Monday. The company’s fifty day moving average price is $20.94 and its 200-day moving average price is $18.54. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a 1-year low of $9.14 and a 1-year high of $21.83.

Institutional Investors Weigh In On B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

A hedge fund recently bought a new position in B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 stock. NBC Securities Inc. acquired a new stake in shares of B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,000 shares of the company’s stock, valued at approximately $28,000.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Company Profile

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.