B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Shares Down 0% – Here’s Why

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) traded down 0% during mid-day trading on Thursday . The stock traded as low as $24.30 and last traded at $24.4260. 3,282 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 27,263 shares. The stock had previously closed at $24.43.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Down 0.0%

The stock’s 50-day moving average price is $24.27 and its 200 day moving average price is $22.91.

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 Saturday, October 31st. Investors of record on Thursday, October 15th will be given a dividend of $0.3125 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.1%.

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.