XOMA Co. (XOMAP) to Issue Quarterly Dividend of $0.54 on October 15th

XOMA Co. (NASDAQ:XOMAP) declared a quarterly dividend on Wednesday, July 24th, Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 8.26%. The ex-dividend date is Thursday, October 3rd.

XOMA Stock Performance

Shares of XOMAP opened at $26.09 on Tuesday. The business’s fifty day moving average price is $25.46 and its 200 day moving average price is $25.32. XOMA has a 12-month low of $21.40 and a 12-month high of $26.48.

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.