B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) Stock Price Down 2.4% – Here’s Why

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ)’s stock price dropped 2.4% during mid-day trading on Tuesday . The company traded as low as $8.51 and last traded at $8.68. Approximately 49,419 shares changed hands during trading, a decline of 57% from the average daily volume of 113,638 shares. The stock had previously closed at $8.89.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Price Performance

The business’s 50-day moving average price is $9.11 and its 200 day moving average price is $9.68.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were paid a dividend of $0.3281 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This is an increase from B. Riley Financial, Inc. 5.25% Senior Notes due 2028’s previous quarterly dividend of $0.33. This represents a $1.31 annualized dividend and a dividend yield of 15.12%.

About B. Riley Financial, Inc. 5.25% Senior Notes due 2028

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.