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

XOMA Co. (NASDAQ:XOMAO) announced a quarterly dividend on Wednesday, July 24th, Wall Street Journal reports. Shareholders of record on Thursday, October 3rd will be paid a dividend of 0.5234 per share on Tuesday, October 15th. This represents a $2.09 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date of this dividend is Thursday, October 3rd.

XOMA Trading Up 0.1 %

Shares of XOMAO stock opened at $25.80 on Tuesday. The business’s 50 day moving average is $25.34 and its two-hundred day moving average is $25.21. XOMA has a 12 month low of $20.43 and a 12 month high of $25.85.

XOMA Company Profile

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.