B. Riley Financial (NASDAQ:RILY) stock observed trading -8.50% off 52-week high price. On the other end, the stock has been noted 108.81% away from low price over the last 52-weeks. The stock disclosed a move of 2.34% away from 50 day moving average and 18.65% away from 200 day moving average. Moving closer, we can see that shares have been trading 3.71% off 20-day moving average. It has market cap of $677.76M and dividend yield of 4.45%.
On Oct. 8, 2020, B. Riley Financial (NASDAQ:RILY) released that its Board of Directors has declared a quarterly cash dividend for the Company’s 6.875% Series A Cumulative Perpetual Preferred Stock (Series A Preferred Stock). The Board of Directors also approved an initial cash dividend for the Company’s 7.375% Series B Cumulative Perpetual Preferred Stock (Series B Preferred Stock).
The Series A preferred stock cash dividend equals $0.42968750 per depositary share, each representing 1/1000th of a share of the Company’s Series A Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share. The dividend will be payable on or about October 31, 2020 to holders of record as of the close of business on October 21, 2020. The Series A depository shares trade on NASDAQ under the symbol RILYP.
The Company’s Board of Directors also approved an initial cash dividend for the Company’s 7.375% Series B Cumulative Perpetual Preferred Stock (Series B Preferred Stock). Trading of the Series B depositary shares commenced on September 4, 2020 on NASDAQ under the symbol RILYL.
The USA based company B. Riley Financial moved with change of 0.33% to $26.97 with the total traded volume of 79222 shares in recent session versus to an average volume of 102.06K. The stock was observed in the 5 days activity at 5.89%. The one month performance of stock was 2.82%. RILY’s shares are at 23.83% for the quarter and driving a 21.45% return over the course of the past year and is now at 7.83% since this point in 2018. Right now the stock beta is 1.03. The average volatility for the week and month was at 3.14% and 2.94% respectively. There are 25.63M shares outstanding and 14.32M shares are floated in market.