RILY - Why Is B. Riley Financial's Dividend So High?
2023-05-24 05:59:00 ET
Dividend stocks can be an excellent source of passive income and a solid component of a diversified portfolio. High-yielding dividend stocks are particularly enticing because of the prospect of significant payouts.
One stock with a high dividend yield is B. Riley Financial (NASDAQ: RILY) , with a payout of almost 11%. The diversified financial services company yield is higher than in recent years. However, before diving headfirst into this stock, you must consider crucial factors. Here's why B. Riley Financial's dividend yield is so high -- and whether it will stay that way.
Riley Financial provides various financial services to clients, including investment banking, brokerage, wealth management, asset management, business advisory, and asset disposal.
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Why Is B. Riley Financial's Dividend So High?