B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Shares Up 0.2% – Still a Buy?

Shares of B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) traded up 0.2% during mid-day trading on Wednesday . The stock traded as high as $24.86 and last traded at $24.83. Approximately 7,645 shares were traded during trading, a decline of 65% from the average session volume of 21,760 shares. The stock had previously closed at $24.77.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Down 0.1%

The firm has a 50-day moving average price of $24.55 and a 200 day moving average price of $23.96.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Thursday, October 15th will be paid a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Thursday, October 15th.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Company Profile

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.