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

XOMA Co. (NASDAQ:XOMAO) announced a quarterly dividend on Wednesday, May 15th, Wall Street Journal reports. Investors of record on Wednesday, July 3rd will be given a dividend of 0.5234 per share on Monday, July 15th. This represents a $2.09 annualized dividend and a dividend yield of 8.26%. The ex-dividend date is Wednesday, July 3rd.

XOMA Price Performance

Shares of XOMA stock opened at $25.36 on Monday. XOMA has a 12 month low of $20.43 and a 12 month high of $25.85. The business has a fifty day simple moving average of $25.15 and a two-hundred day simple moving average of $24.95.

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.