B. Riley Financial (RILY) Declares $3.00 Quarterly Dividend; 16.8% Yield
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B. Riley Financial Reports First Quarter 2021 Results; Declares $3.00 Dividend
May 3, 2021 4:01 PM EDTLOS ANGELES, May 3, 2021 /PRNewswire/ --Â B. Riley Financial, Inc. (NASDAQ: RILY), a diversified financial services company, today announced its financial results for the first quarter ended March 31, 2021.
First Quarter 2021 Highlights
Net income available to common shareholders of $252.9 million, or $8.81 per diluted share Total quarterly revenues of $600.2 million, total adjusted EBITDA (1) of $385.5 million Operating revenues (2) of $333.2 million vs. $182.2 million for Q1 2020 Operating adjusted EBITDA (3) of $122.7 million vs. $70.9 million for Q1 2020 Investment gains (4) of $266.9 million as of March 31, 2021 Completed acquisition of National Holdings,... More