LOS ANGELES, Oct. 6, 2021 /PRNewswire/ -- B. Riley
Financial, Inc. (NASDAQ: RILY) 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
November 1, 2021 to respective Series
A and Series B holders of record as of the close of business on
October 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
Investors
Mike
Frank
ir@brileyfin.com
(212) 409-2424
Media
Jo Anne
McCusker
press@brileyfin.com
(646) 885-5425
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SOURCE B. Riley Financial