B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Shares Down 1% – Here’s Why

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN)’s share price was down 1% during mid-day trading on Friday . The stock traded as low as $11.70 and last traded at $11.95. Approximately 28,751 shares changed hands during trading, a decline of 48% from the average daily volume of 55,454 shares. The stock had previously closed at $12.07.

B. Riley Financial, Inc. – 6.50 Stock Down 1.0 %

The business’s 50 day simple moving average is $12.82 and its 200 day simple moving average is $14.65.

B. Riley Financial, Inc. – 6.50 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a $0.4063 dividend. This represents a $1.63 annualized dividend and a yield of 13.60%. The ex-dividend date is Wednesday, January 15th.

About B. Riley Financial, Inc. – 6.50

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.