Company: RILYN
Filing Date: 2025-02-21
Form Type: 10-Q
Source: 0001628280-25-007082
Chunk: 158

Company: B. Riley Financial, Inc.
Filing Date: 2025-02-21
Form: 10-Q
Item: Part I, Item 1
Chunk 158
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rears in respect of the Depositary Shares were $0.5 million. On October 16, 2024, the Company declared a cash dividend of $0.4609375 per Depositary Share, which was paid on October 31, 2024 to holders of record as of the close of business on October 28, 2024. On January 21, 2025, the Company announced that it had temporarily suspended dividends on its Series B Preferred Stock. Unpaid dividends will accrue until paid in full.

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A summary of preferred stock dividend activity for the nine months ended September 30, 2024 and the year ended December 31, 2023 was as follows:

StockholderPreferred Dividend per Depositary ShareDate DeclaredDate PaidRecord DateSeries ASeries BJuly 9, 2024July 31, 2024July 22, 2024$0.4296875 $0.4609375 April 9, 2024April 30, 2024April 22, 20240.4296875 0.4609375 January 9, 2024January 31, 2024January 22, 20240.4296875 0.4609375 October 10, 2023October 31, 2023October 23, 20230.4296875 0.4609375 July 11, 2023July 31, 2023July 21, 20230.4296875 0.4609375 April 10, 2023May 1, 2023April 21, 20230.4296875 0.4609375 January 9, 2023January 31, 2023January 20, 20230.4296875 0.4609375 

Our principal sources of liquidity to finance our business are our existing cash on hand, cash flows generated from operating activities, funds available under revolving credit facilities and special purpose financing arrangements.

Cash Flow Summary

Nine Months EndedSeptember 30,20242023(Dollars in thousands) Net cash provided by (used in):Operating activities $266,294 $(40,957)Investing activities25,529 312,954 Financing activities(354,722)(285,459)Effect of foreign currency on cash(1,092)(3,116)Net decrease in cash,