B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Stock Price Up 0.4% – Here’s Why

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) shot up 0.4% on Monday . The company traded as high as $24.50 and last traded at $24.48. 16,845 shares were traded during mid-day trading, a decline of 45% from the average session volume of 30,662 shares. The stock had previously closed at $24.38.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Down 0.3%

The stock has a fifty day simple moving average of $23.37 and a two-hundred day simple moving average of $21.40.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

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.