XOMA Co. (NASDAQ:XOMAP) to Issue $0.54 Quarterly Dividend

XOMA Co. (NASDAQ:XOMAP) declared a quarterly dividend on Wednesday, July 24th, Wall Street Journal reports. Shareholders of record on Thursday, October 3rd will be paid a dividend of 0.5391 per share on Tuesday, October 15th. This represents a $2.16 dividend on an annualized basis and a yield of 8.20%. The ex-dividend date is Thursday, October 3rd.

XOMA Trading Up 0.7 %

Shares of XOMA stock opened at $26.28 on Wednesday. XOMA has a twelve month low of $21.40 and a twelve month high of $26.48. The business’s 50 day simple moving average is $25.47 and its 200-day simple moving average is $25.32.

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.