B. Riley Financial, Inc. (NASDAQ:RILYP – Get Rating) announced a quarterly dividend on Tuesday, April 11th, Wall Street Journal reports. Investors of record on Friday, April 21st will be given a dividend of 0.4297 per share on Sunday, April 30th. This represents a $1.72 annualized dividend and a dividend yield of 8.78%. The ex-dividend date is Thursday, April 20th.
B. Riley Financial Trading Up 1.7 %
Shares of NASDAQ RILYP traded up $0.33 during mid-day trading on Tuesday, hitting $19.58. 13,893 shares of the stock traded hands, compared to its average volume of 12,854. B. Riley Financial has a twelve month low of $14.18 and a twelve month high of $26.00. The firm has a 50 day simple moving average of $19.62 and a two-hundred day simple moving average of $20.29.
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B. Riley Financial, Inc, through its subsidiaries, provides investment banking and financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates in six segments: Capital Markets, Wealth Management, Auction and Liquidation, Financial Consulting, Principal Investments-Communications, and Brands.
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