B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) Trading 1.8% Higher – Still a Buy?

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ)’s stock price shot up 1.8% during mid-day trading on Monday . The stock traded as high as $9.39 and last traded at $9.12. 77,452 shares traded hands during trading, an increase of 43% from the average session volume of 54,168 shares. The stock had previously closed at $8.96.

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

The firm has a 50 day moving average of $9.35 and a 200-day moving average of $10.29.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be given a dividend of $0.3281 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.31 annualized dividend and a dividend yield of 14.39%. This is a boost from B. Riley Financial, Inc. 5.25% Senior Notes due 2028’s previous quarterly dividend of $0.33.

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.