B. Riley Financial announces preferred stock dividends for April 2021.

Global Banking News-April 7, 2021-B. Riley Financial announces preferred stock dividends for April 2021

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  1. Riley Financial Inc (NASDAQ:RILY) revealed on Tuesday 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) (together, the preferred stock), each series represented by depositary shares.

    The company said that each depositary share representing 1/1000th fractional interest in a share of the respective preferred stock with a liquidation preference equivalent to USD25.00 per depositary share.

    Accordingly, the 6.875% series A preferred stock cash dividend equals USD0.42968750 per depositary share and the 7.375% series B preferred stock cash dividend equals USD0.4609375 per depositary share.

    These dividends will be paid on or about 30 April 2021 to respective...

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