B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Trading Down 4.6% – Here’s Why

Posted by Matthew Steigler on Dec 29th, 2024

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT – Get Free Report)’s share price dropped 4.6% during mid-day trading on Friday . The company traded as low as $8.91 and last traded at $9.00. Approximately 20,324 shares traded hands during trading, a decline of 54% from the average daily volume of 44,256 shares. The stock had previously closed at $9.43.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Stock Down 4.6 %

The firm’s fifty day simple moving average is $10.28 and its 200 day simple moving average is $12.29.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid a $0.375 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $1.50 dividend on an annualized basis and a yield of 16.67%.

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

(Get Free Report)

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.