B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Shares Up 0.3% – Time to Buy?

Shares of B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) rose 0.3% during trading on Tuesday . The company traded as high as $21.91 and last traded at $21.75. 20,277 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 28,190 shares. The stock had previously closed at $21.68.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Trading Down 0.9%

The business has a fifty day simple moving average of $21.01 and a two-hundred day simple moving average of $19.92.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Thursday, October 15th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Thursday, October 15th.

About B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

B. Riley Financial, Inc 6.00% Senior Notes Due 2028 (NASDAQ: RILYT) are unsecured, senior obligations of B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at an annual rate of 6.00%, payable semi-annually, and mature in August 2028. As senior unsecured debt, these notes rank equally with other unsecured obligations of the company and are structurally subordinated to any secured debt.

B. Riley Financial, Inc provides a broad suite of services including investment banking, financial advisory, wealth management, merchant banking, and asset management.