XOMA Co. (NASDAQ:XOMAO – Get Free Report) announced a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Shareholders of record on Thursday, April 3rd will be paid a dividend of 0.5234 per share on Tuesday, April 15th. This represents a $2.09 annualized dividend and a yield of 8.25%. The ex-dividend date is Thursday, April 3rd.
XOMA has increased its dividend payment by an average of 9.3% annually over the last three years.
XOMA Stock Performance
XOMAO opened at $25.39 on Tuesday. The firm’s 50-day moving average price is $25.39 and its 200-day moving average price is $25.45. XOMA has a 52-week low of $24.70 and a 52-week high of $25.87.
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.
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