Shares of B. Riley Financial, Inc. – 6.50 (NASDAQ:RILYN – Get Free Report) were up 0.1% during mid-day trading on Monday . The company traded as high as $25.00 and last traded at $25.00. Approximately 21,385 shares changed hands during trading, a decline of 37% from the average daily volume of 34,143 shares. The stock had previously closed at $24.98.
B. Riley Financial, Inc. – 6.50 Price Performance
The company has a 50-day moving average price of $24.79 and a 200-day moving average price of $23.46.
B. Riley Financial, Inc. – 6.50 Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a $0.4063 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.62 dividend on an annualized basis and a yield of 6.5%.
B. Riley Financial, Inc. – 6.50 Company Profile
B. Riley Financial, Inc (NASDAQ: RILYN) is a diversified financial services firm that offers an integrated suite of advisory, investment, and restructuring solutions. Founded in 1997 and headquartered in Los Angeles, the company provides services across several key segments, including investment banking and capital markets, asset management, auction and liquidation, valuation and appraisal, restructuring and advisory, and merchant capital. Its broad platform enables clients to access tailored financing, strategic guidance and execution support across both public and private markets.
In its investment banking and capital markets business, B.
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