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. Stockholders of record on Thursday, October 3rd will be given a dividend of 0.5234 per share on Tuesday, October 15th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.13%. The ex-dividend date is Thursday, October 3rd.

XOMA Trading Down 0.2 %

NASDAQ XOMAO opened at $25.76 on Wednesday. XOMA has a 1-year low of $20.43 and a 1-year high of $25.85. The company has a 50 day moving average of $25.34 and a 200-day moving average of $25.21.

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.