B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Trading Down 3.2% – What’s Next?

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) shares were down 3.2% during trading on Wednesday . The stock traded as low as $19.69 and last traded at $19.75. Approximately 23,434 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 31,927 shares. The stock had previously closed at $20.41.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Down 3.2%

The company’s fifty day moving average price is $17.92 and its two-hundred day moving average price is $17.56.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, January 31st. Stockholders of record on Thursday, January 15th will be paid a dividend of $0.3125 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a $1.25 annualized dividend and a dividend yield of 6.3%.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Company Profile

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.