B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Share Price Breaks Above 200-Day Moving Average – What’s Next?

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $19.69 and traded as high as $19.79. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 shares last traded at $19.73, with a volume of 8,895 shares changing hands.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Trading Up 0.7%

The business has a fifty day simple moving average of $20.91 and a 200 day simple moving average of $19.69.

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

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Thursday, October 15th will be given a dividend of $0.3750 per share. This represents a $1.50 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Thursday, October 15th.

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

B. Riley Financial, Inc is a diversified financial services company that provides investment banking, institutional brokerage, asset management, and wealth management services. Its advisory activities include mergers and acquisitions, capital raising, restructuring, and financial consulting for businesses, investors, and other organizations.

The company also operates businesses focused on valuation, appraisal, liquidation, and auction services, as well as lending and other investment activities.