share_log

B. Riley Financial Declares Preferred Stock Dividends

PR Newswire ·  Jul 8, 2021 04:05

B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") has declared cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred Stock"), each series of which is represented by depositary shares. Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share.

https://mma.prnewswire.com/media/1327114/B_Riley_Financial_Logo.jpg

The 6.875% Series A Preferred Stock cash dividend equals $0.42968750 per depositary share.

The 7.375% Series B Preferred Stock cash dividend equals $0.4609375 per depositary share.

The Preferred Stock dividends will be payable on or about August 2, 2021 to respective Series A and Series B holders of record as of the close of business on July 21, 2021.

About B. Riley Financial B. Riley Financial provides collaborative solutions tailored to fit the capital raising and business advisory needs of its clients and partners. B. Riley operates through several subsidiaries that offer a diverse range of complementary end-to-end capabilities spanning investment banking and institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction and liquidation services. For more information, please visit www.brileyfin.com.Contacts Investors Media Mike Frank Jo Anne McCusker ir@brileyfin.com press@brileyfin.com (212) 409-2424 (646) 885-5425

https://c212.net/c/img/favicon.png?sn=LA36952&sd=2021-07-08

View original content to download multimedia:https://www.prnewswire.com/news-releases/b-riley-financial-declares-preferred-stock-dividends-301328215.html

SOURCE B. Riley Financial

https://rt.prnewswire.com/rt.gif?NewsItemId=LA36952&Transmission_Id=202107081605PR_NEWS_USPR_____LA36952&DateId=20210708

20210709195457848d173m0w2anz6s9t

COMTEX_389536413/1005/2021-07-08T16:05:09

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment