B. Riley Financial, Inc. (NASDAQ:RILYP – Get Free Report) shot up 1.5% during mid-day trading on Wednesday . The company traded as high as $17.15 and last traded at $16.51. 15,498 shares traded hands during trading, an increase of 73% from the average session volume of 8,934 shares. The stock had previously closed at $16.26.
B. Riley Financial Stock Performance
The firm’s 50 day moving average is $19.58 and its 200 day moving average is $19.90.
B. Riley Financial Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Monday, October 23rd were paid a $0.4297 dividend. The ex-dividend date was Friday, October 20th. This represents a $1.72 annualized dividend and a dividend yield of 10.73%.
About B. Riley Financial
B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
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