XOMA Co. Declares Quarterly Dividend of $0.54 (NASDAQ:XOMAP)

XOMA Co. (NASDAQ:XOMAP) announced a quarterly dividend on Wednesday, February 21st, Wall Street Journal reports. Stockholders of record on Wednesday, April 3rd will be given a dividend of 0.5391 per share on Monday, April 15th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 8.51%. The ex-dividend date is Tuesday, April 2nd.

XOMA Stock Down 0.2 %

Shares of XOMAP stock opened at $25.34 on Monday. The company’s 50-day simple moving average is $25.11 and its 200-day simple moving average is $24.13. XOMA has a one year low of $21.40 and a one year high of $25.98.

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.