Thursday Is Your Last Chance To Buy B. Riley Financial Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
B. Riley Financial (NASDAQ:RILY) has announced a quarterly dividend of $1.0 per share, with Thursday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Friday and is expected to open $1.0 lower to reflect the payout. The dividend is scheduled to be paid on November 30, 2023.
November 14, 2023 | 2:45 pm
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B. Riley Financial is set to pay a $1.0 per share dividend, with shares expected to open $1.0 lower on the ex-dividend date, reflecting the payout.
The stock price of B. Riley Financial is likely to decrease in the short term by approximately the dividend amount on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend.
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