XOMA Co. (NASDAQ:XOMAO) Plans Quarterly Dividend of $0.52

XOMA Co. (NASDAQ:XOMAO) declared a quarterly dividend on Wednesday, May 15th, Wall Street Journal reports. Investors of record on Wednesday, July 3rd will be paid a dividend of 0.5234 per share on Monday, July 15th. This represents a $2.09 annualized dividend and a yield of 8.24%. The ex-dividend date of this dividend is Wednesday, July 3rd.

XOMA Stock Up 0.2 %

Shares of NASDAQ XOMAO opened at $25.40 on Tuesday. XOMA has a fifty-two week low of $20.43 and a fifty-two week high of $25.85. The firm’s 50-day simple moving average is $25.15 and its 200 day simple moving average is $24.97.

About XOMA

XOMA Corporation operates as a biotech royalty aggregator in the United States and the Asia Pacific. It has a portfolio of economic rights to future potential milestone and royalty payments associated with partnered commercial and pre-commercial therapeutic candidates. The company also focuses on early to mid-stage clinical assets primarily in Phase 1 and 2 with commercial sales potential that are licensed to partners; and acquires milestone and royalty revenue streams on late-stage clinical or commercial assets.