B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report)’s share price rose 2.9% on Wednesday . The stock traded as high as $7.26 and last traded at $7.00. Approximately 10,306 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 15,796 shares. The stock had previously closed at $6.80.
B. Riley Financial Price Performance
The stock has a 50-day moving average of $8.15 and a 200-day moving average of $12.83.
B. Riley Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, October 28th were given a dividend of $0.4609 per share. The ex-dividend date was Monday, October 28th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 26.72%.
About B. Riley Financial
B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
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