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

XOMA Co. (NASDAQ:XOMAP) declared a quarterly dividend on Wednesday, May 15th, Wall Street Journal reports. Investors of record on Wednesday, July 3rd will be paid a dividend of 0.5391 per share on Monday, July 15th. This represents a $2.16 annualized dividend and a yield of 8.45%. The ex-dividend date is Wednesday, July 3rd.

XOMA Stock Performance

Shares of XOMAP stock opened at $25.52 on Monday. The stock’s fifty day moving average is $25.19 and its 200-day moving average is $25.12. XOMA has a 52 week low of $21.40 and a 52 week 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.