B. RILEY FINANCIAL, INC. (RILY)
B. Riley Financial, Inc. (RILY) is a diversified financial services firm providing investment banking, capital markets, asset management, and principal investment services. Founded in 2008 and headquartered in Los Angeles, it focuses on offering strategic advisory, valuation, and restructuring services, along with proprietary investing through its various subsidiaries. The company serves a broad range of clients across industries including media, technology, and consumer sectors.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 11, 2024 | $0.50 | 2024-05-23 | 2024-05-27 |
| March 22, 2024 | $0.50 | 2024-03-08 | 2024-03-11 |
| November 30, 2023 | $1.00 | 2023-11-17 | 2023-11-20 |
| August 21, 2023 | $1.00 | 2023-08-10 | 2023-08-11 |
| May 23, 2023 | $1.00 | 2023-05-15 | 2023-05-16 |
Dividends Summary
- B. RILEY FINANCIAL, INC. has issued 52 dividend payments over the past 10 years
- The most recent dividend was paid 498 days ago, on June 11, 2024
- The highest dividend payed out to investors during this period was $3.00 per share
- The average dividend paid during this period was $0.50 per share.
Company News
Faruqi & Faruqi is investigating potential claims against CTO Realty Growth, alleging the company made false statements about dividend sustainability, financial practices, and profitability. A Wolfpack Research report criticized CTO's financial management, causing a stock price decline.
Pomerantz Law Firm filed a class action lawsuit against CTO Realty Growth, alleging false and misleading statements about dividend sustainability, financial practices, and property performance, following a critical report by Wolfpack Research.
B. Riley Financial, a financial services company, has secured $160 million in new debt financing from Oaktree Capital Management. This has helped the company pay down $118 million of outstanding debt and regain compliance with Nasdaq. While the company's preliminary earnings sound optimistic, the author recommends investors remain cautious or tak...
President Joe Biden ended his reelection campaign, leaving the presidential race in uncharted territory. Investors expressed uncertainty about the impact on markets, with some expecting increased volatility and a potential shift in the 'Trump trade'.