B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN) Shares Up 12.6% – Here’s Why

B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN)’s share price was up 12.6% on Tuesday . The stock traded as high as $13.74 and last traded at $13.54. Approximately 75,761 shares traded hands during trading, an increase of 28% from the average daily volume of 59,289 shares. The stock had previously closed at $12.03.

B. Riley Financial, Inc. – 6.50 Stock Performance

The stock has a 50-day moving average price of $12.68 and a 200-day moving average price of $16.78.

B. Riley Financial, Inc. – 6.50 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be issued a dividend of $0.4063 per share. The ex-dividend date is Tuesday, October 15th. This represents a $1.63 annualized dividend and a yield of 12.00%.

B. Riley Financial, Inc. – 6.50 Company Profile

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.