LOS
ANGELES, July 7, 2022 /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
July 29, 2022 to respective Series A
and Series B holders of record as of the close of business on
July 19, 2022.
About B. Riley Financial
B. Riley Financial is a diversified financial services platform
that delivers tailored solutions to meet the strategic,
operational, and capital needs of its clients and partners. Through
its affiliated subsidiaries, B. Riley provides end-to-end,
collaborative financial services across investment banking,
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
|
Media
|
Mike Frank
|
Jo Anne
McCusker
|
ir@brileyfin.com
|
press@brileyfin.com
|
(212)
409-2424
|
(646)
885-5425
|
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SOURCE B. Riley Financial