B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Stock Price Down 1.8% – What’s Next?

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT)’s share price traded down 1.8% on Wednesday . The stock traded as low as $14.75 and last traded at $14.93. 12,202 shares changed hands during trading, a decline of 54% from the average session volume of 26,348 shares. The stock had previously closed at $15.20.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Down 1.8%

The stock’s fifty day moving average price is $12.69 and its 200-day moving average price is $12.18.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, January 31st. Stockholders of record on Thursday, January 15th will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date of this dividend is Thursday, January 15th.

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

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.