B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) Stock Price Down 3.3% – Here’s Why

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) shares dropped 3.3% on Wednesday . The stock traded as low as $11.35 and last traded at $11.60. Approximately 95,656 shares were traded during trading, a decline of 29% from the average daily volume of 134,611 shares. The stock had previously closed at $12.00.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Price Performance

The business’s fifty day simple moving average is $9.02 and its 200-day simple moving average is $9.35.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were paid a $0.3281 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This is a boost from B. Riley Financial, Inc. 5.25% Senior Notes due 2028’s previous quarterly dividend of $0.33. This represents a $1.31 annualized dividend and a dividend yield of 11.31%.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Company Profile

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.