B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) shares were down 8.3% on Wednesday . The company traded as low as $8.97 and last traded at $8.97. Approximately 24,915 shares were traded during trading, an increase of 92% from the average daily volume of 12,965 shares. The stock had previously closed at $9.78.
B. Riley Financial Stock Performance
The firm’s 50 day moving average is $15.69 and its 200-day moving average is $18.40.
B. Riley Financial Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 22nd were given a $0.4609 dividend. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $1.84 dividend on an annualized basis and a dividend yield of 20.55%.
About B. Riley Financial
B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
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