Preferreds Weekly Review: B. Riley Suspends Dividends
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Preferred stocks had a strong week with a 1% return, while B. Riley suspended its preferred dividends, causing significant share price drops. Dividends are cumulative and will continue to accrue.
February 03, 2025 | 5:15 am
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B. Riley suspended its preferred dividends, leading to significant share price drops. The dividends are cumulative and will continue to accrue.
The suspension of dividends by B. Riley is a significant event for investors, as it directly impacts the income they receive from their investments. The cumulative nature of the dividends means they will eventually be paid, but the immediate suspension has caused a negative reaction in the market, leading to a drop in share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100