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

XOMA Co. (NASDAQ:XOMAO) declared a quarterly dividend on Wednesday, October 23rd,Wall Street Journal reports. Stockholders of record on Friday, January 3rd will be given a dividend of 0.5234 per share on Wednesday, January 15th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.16%. The ex-dividend date of this dividend is Friday, January 3rd.

XOMA Trading Up 0.2 %

Shares of XOMAO opened at $25.66 on Wednesday. The firm has a 50-day simple moving average of $25.51 and a two-hundred day simple moving average of $25.39. XOMA has a 1-year low of $23.50 and a 1-year high of $25.87.

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.