B. Riley Financial, Inc. (NASDAQ:RILY) declared a quarterly dividend on Tuesday, August 8th, Wall Street Journal reports. Shareholders of record on Monday, August 21st will be paid a dividend of 0.08 per share by the asset manager on Tuesday, August 29th. This represents a $0.32 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Thursday, August 17th.

Shares of B. Riley Financial (NASDAQ:RILY) traded down 6.27% on Tuesday, reaching $17.20. 365,825 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $18.40 and a 200 day moving average price of $16.36. The firm has a market cap of $329.91 million, a PE ratio of 9.34 and a beta of 1.09. B. Riley Financial has a one year low of $9.00 and a one year high of $21.30.

B. Riley Financial (NASDAQ:RILY) last issued its quarterly earnings data on Monday, August 7th. The asset manager reported $0.37 earnings per share (EPS) for the quarter. The business had revenue of $66.68 million for the quarter. B. Riley Financial had a return on equity of 21.17% and a net margin of 15.81%.

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In related news, President Thomas J. /Adv Kelleher bought 3,148 shares of the business’s stock in a transaction dated Friday, June 2nd. The shares were purchased at an average price of $14.56 per share, with a total value of $45,834.88. Following the transaction, the president now owns 48,757 shares in the company, valued at approximately $709,901.92. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman Bryant R. Riley bought 28,000 shares of the business’s stock in a transaction dated Thursday, June 15th. The shares were bought at an average cost of $15.55 per share, for a total transaction of $435,400.00. The disclosure for this purchase can be found here. In the last three months, insiders have bought 62,628 shares of company stock worth $939,584. Corporate insiders own 30.90% of the company’s stock.

B. Riley Financial Company Profile

B. Riley Financial, Inc is an independent investment bank. The Company’s segments include capital markets, auction and liquidation, valuation and appraisal, and Principal Investments-United Online. The capital markets segment provides an array of investment banking, corporate finance, research, wealth management, sales and trading services to corporate, institutional and high net worth clients.

Dividend History for B. Riley Financial (NASDAQ:RILY)

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