B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Stock Price Down 0.7% – Should You Sell?

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) shares fell 0.7% on Tuesday . The stock traded as low as $24.20 and last traded at $24.29. 21,622 shares changed hands during trading, a decline of 26% from the average session volume of 29,027 shares. The stock had previously closed at $24.45.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Stock Performance

The company’s 50-day moving average is $23.95 and its two-hundred day moving average is $22.17.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a dividend of $0.3125 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.25 annualized dividend and a yield of 5.1%.

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

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.