B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Shares Up 0.1% – Here’s What Happened

Shares of B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) shot up 0.1% during trading on Monday . The stock traded as high as $25.00 and last traded at $25.00. Approximately 21,385 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 34,143 shares. The stock had previously closed at $24.98.

B. Riley Financial, Inc. – 6.50 Stock Performance

The stock’s 50 day moving average price is $24.78 and its two-hundred day moving average price is $23.42.

B. Riley Financial, Inc. – 6.50 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a $0.4063 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.62 dividend on an annualized basis and a yield of 6.5%.

About B. Riley Financial, Inc. – 6.50

B. Riley Financial, Inc (NASDAQ: RILYN) is a diversified financial services firm that offers an integrated suite of advisory, investment, and restructuring solutions. Founded in 1997 and headquartered in Los Angeles, the company provides services across several key segments, including investment banking and capital markets, asset management, auction and liquidation, valuation and appraisal, restructuring and advisory, and merchant capital. Its broad platform enables clients to access tailored financing, strategic guidance and execution support across both public and private markets.

In its investment banking and capital markets business, B.