{"id":511119,"date":"2021-07-08T16:09:00","date_gmt":"2021-07-08T20:09:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/b-riley-financial-declares-preferred-stock-dividends-3\/"},"modified":"2021-07-08T16:09:00","modified_gmt":"2021-07-08T20:09:00","slug":"b-riley-financial-declares-preferred-stock-dividends-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/b-riley-financial-declares-preferred-stock-dividends-3\/","title":{"rendered":"B. Riley Financial Declares Preferred Stock Dividends"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">LOS ANGELES<\/span>, <span class=\"xn-chron\">July 8, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0B. Riley Financial, Inc. (NASDAQ: RILY) (&#8220;B. Riley&#8221;) 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 &#8220;Preferred Stock&#8221;), 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 <span class=\"xn-money\">$25.00<\/span> per depositary share.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1327114\/B_Riley_Financial_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1327114\/B_Riley_Financial_Logo.jpg\" title=\"(PRNewsfoto\/B. Riley Financial)\" alt=\"(PRNewsfoto\/B. Riley Financial)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The 6.875% Series A Preferred Stock cash dividend equals <span class=\"xn-money\">$0.42968750<\/span> per depositary share.<\/p>\n<p>The 7.375% Series B Preferred Stock cash dividend equals <span class=\"xn-money\">$0.4609375<\/span> per depositary share.<\/p>\n<p>The Preferred Stock dividends will be payable on or about <span class=\"xn-chron\">August 2, 2021<\/span> to respective Series A and Series B holders of record as of the close of business on <span class=\"xn-chron\">July 21, 2021<\/span>.<\/p>\n<p>\n        <b>About B. Riley Financial<br \/><\/b>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 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3221863-1&amp;h=614514937&amp;u=http%3A%2F%2Fwww.brileyfin.com%2F&amp;a=www.brileyfin.com\" rel=\"nofollow noopener\">www.brileyfin.com<\/a>.<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\">\n<tr>\n<td class=\"prngen1\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Contacts<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen1\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen1\">\n              \n            <\/td>\n<td class=\"prngen1\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen1\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <i>Investors<\/i><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen1\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <i>Media<\/i><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen1\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Mike Frank<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen1\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Jo Anne McCusker<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen1\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:ir@brileyfin.com\" class=\"prnews_a\" rel=\"nofollow noopener\">ir@brileyfin.com<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen1\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:press@brileyfin.com\" class=\"prnews_a\" rel=\"nofollow noopener\">press@brileyfin.com<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen1\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(212) 409-2424<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen1\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(646) 885-5425<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p \/>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA36952&amp;sd=2021-07-08\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/b-riley-financial-declares-preferred-stock-dividends-301328215.html\">https:\/\/www.prnewswire.com\/news-releases\/b-riley-financial-declares-preferred-stock-dividends-301328215.html<\/a><\/p>\n<p>SOURCE  B. Riley Financial<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA36952&amp;Transmission_Id=202107081605PR_NEWS_USPR_____LA36952&amp;DateId=20210708\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire LOS ANGELES, July 8, 2021 \/PRNewswire\/ &#8212;\u00a0B. Riley Financial, Inc. (NASDAQ: RILY) (&#8220;B. Riley&#8221;) 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 &#8220;Preferred Stock&#8221;), 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/b-riley-financial-declares-preferred-stock-dividends-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;B. Riley Financial Declares Preferred Stock Dividends&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-511119","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>B. Riley Financial Declares Preferred Stock Dividends - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/b-riley-financial-declares-preferred-stock-dividends-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"B. 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Riley Financial Declares Preferred Stock Dividends - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/b-riley-financial-declares-preferred-stock-dividends-3\/","og_locale":"en_US","og_type":"article","og_title":"B. Riley Financial Declares Preferred Stock Dividends - Market Newsdesk","og_description":"PR Newswire LOS ANGELES, July 8, 2021 \/PRNewswire\/ &#8212;\u00a0B. Riley Financial, Inc. (NASDAQ: RILY) (&#8220;B. Riley&#8221;) 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 &#8220;Preferred Stock&#8221;), 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 &hellip; Continue reading \"B. 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