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B. Riley Financial, Inc. Depositary Shares each representing 1/1000th in a share of 7.375% Series B Cumulative Perpetual Preferred Stock, par value $0.0001 - RILYL STOCK NEWS

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B. Riley Financial, Inc. is a diversified financial services company that offers investment banking, financial services, asset disposition, valuation, and appraisal services to a wide range of clients in the United States, Canada, and Europe. The company operates through various wholly-owned subsidiaries, including B. Riley FBR, Inc., Wunderlich Securities, Inc., Great American Group, LLC, B. Riley Capital Management, LLC, B. Riley Asset Management, B. Riley Wealth Management, and Great American Capital Partners. B. Riley Financial also makes proprietary investments in other businesses, such as the acquisition of United Online, Inc.

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B. Riley Financial (NASDAQ: RILY) has announced cash dividends for its 6.875% Series A and 7.375% Series B Cumulative Perpetual Preferred Stock. The dividends are payable on October 31, 2024, to holders of record as of October 28, 2024. Each depositary share represents a 1/1000th fractional interest in a share of the respective Preferred Stock, with a liquidation preference of $25.00 per depositary share.

The dividend for the 6.875% Series A Preferred Stock (NASDAQ: RILYP) is $0.42968750 per depositary share, while the 7.375% Series B Preferred Stock (NASDAQ: RILYL) will pay $0.4609375 per depositary share.

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B. Riley Financial (NASDAQ: RILY) has declared cash dividends on its 6.875% Series A and 7.375% Series B Cumulative Perpetual Preferred Stocks. Each depositary share represents a 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference of $25.00 per depositary share.

The 6.875% Series A Preferred Stock dividend is $0.42968750 per depositary share. The 7.375% Series B Preferred Stock dividend is $0.4609375 per depositary share. Both dividends will be payable on July 31, 2024, to shareholders of record on July 22, 2024.

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B. Riley Financial, Inc. (RILY) announces cash dividends on its Preferred Stocks, with the 6.875% Series A dividend at $0.42968750 per depositary share and the 7.375% Series B dividend at $0.4609375 per depositary share.
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B. Riley Financial, Inc. (RILY) declares cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (RILYL). Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share. The 6.875% Series A Preferred Stock cash dividend equals $0.42968750 per depositary share, and the 7.375% Series B Preferred Stock cash dividend equals $0.4609375 per depositary share.
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B. Riley Financial declares cash dividends on its Preferred Stock
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B. Riley Financial has announced cash dividends for its Preferred Stock series, specifically the 6.875% Series A and the 7.375% Series B. Each depositary share, representing 1/1000th of a share, has a liquidation preference of $25.00. The dividend for Series A is set at $0.42968750 per depositary share, while Series B is $0.4609375. These dividends are scheduled for payment on or around April 30, 2023, to holders of record as of April 21, 2023.

This announcement reaffirms B. Riley's commitment to providing returns to its shareholders, reflecting its financial stability and operational performance.

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B. Riley Financial has announced cash dividends for its 6.875% Series A and 7.375% Series B Cumulative Perpetual Preferred Stock. The Series A dividend is set at $0.42968750 per depositary share and the Series B at $0.4609375, payable on January 31, 2023. Holders of record as of January 20, 2023 will receive these dividends, which reflect the company's commitment to rewarding shareholders while fortifying its financial position.

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B. Riley Financial (NASDAQ: RILY) announced cash dividends for its preferred stock. The 6.875% Series A Preferred Stock will yield $0.42968750 per depositary share, while the 7.375% Series B Preferred Stock will provide $0.4609375 per depositary share. These dividends are set to be paid on or about October 31, 2022, to holders of record by the close of business on October 21, 2022. Each depositary share represents 1/1000th of a share with a liquidation preference of $25.00.

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Rhea-AI Summary

B. Riley Financial, Inc. (NASDAQ: RILY) has announced cash dividends for its 6.875% Series A and 7.375% Series B Cumulative Perpetual Preferred Stock. The Series A dividend is set at $0.42968750 per share, while the Series B dividend is $0.4609375 per share. These dividends are scheduled for payment on or about July 29, 2022, to shareholders on record as of July 19, 2022. This financial move indicates the company's commitment to returning value to its preferred stockholders.

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FAQ

What is the current stock price of B. Riley Financial Depositary Shares each representing 1/1000th in a share of 7.375% Series B Cumulative Perpetual Preferred Stock, par value $0.0001 (RILYL)?

The current stock price of B. Riley Financial Depositary Shares each representing 1/1000th in a share of 7.375% Series B Cumulative Perpetual Preferred Stock, par value $0.0001 (RILYL) is $7.79 as of November 22, 2024.

What services does B. Riley Financial, Inc. offer?

B. Riley Financial provides investment banking, financial services, asset disposition, valuation, and appraisal services to various clients.

In which regions does B. Riley Financial operate?

The company operates in the United States, Canada, and Europe.

What are some of the wholly-owned subsidiaries of B. Riley Financial?

Some wholly-owned subsidiaries include B. Riley FBR, Inc., Wunderlich Securities, Inc., Great American Group, LLC, B. Riley Capital Management, LLC, B. Riley Asset Management, B. Riley Wealth Management, and Great American Capital Partners.

Does B. Riley Financial make proprietary investments?

Yes, the company makes proprietary investments in other businesses, including the acquisition of United Online, Inc.

How can I learn more about B. Riley Financial, Inc.?

You can find more information about B. Riley Financial and its services by visiting their official website at www.brileyfin.com.

B. Riley Financial, Inc. Depositary Shares each representing 1/1000th in a share of 7.375% Series B Cumulative Perpetual Preferred Stock, par value $0.0001

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