LOS ANGELES, July 8, 2021 /PRNewswire/ -- B. Riley
Financial, Inc. (NASDAQ: RILY) ("B. Riley") has declared cash
dividends on its 6.875% Series A Cumulative Perpetual Preferred
Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual
Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred
Stock"), each series of which is represented by depositary shares.
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.
The 7.375% Series B Preferred Stock cash dividend equals
$0.4609375 per depositary share.
The Preferred Stock dividends will be payable on or about
August 2, 2021 to respective Series A
and Series B holders of record as of the close of business on
July 21, 2021.
About B. Riley Financial
B. Riley Financial provides
collaborative solutions tailored to fit the capital raising and
business advisory needs of its clients and partners. B. Riley
operates through several subsidiaries that offer a diverse range of
complementary end-to-end capabilities spanning investment banking
and institutional brokerage, private wealth and investment
management, financial consulting, corporate restructuring,
operations management, risk and compliance, due diligence, forensic
accounting, litigation support, appraisal and valuation, auction
and liquidation services. For more information, please visit
www.brileyfin.com.
Contacts
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Investors
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Media
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Mike Frank
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Jo Anne
McCusker
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ir@brileyfin.com
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press@brileyfin.com
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(212)
409-2424
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(646)
885-5425
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SOURCE B. Riley Financial