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

XOMA Co. (NASDAQ:XOMAP) announced a quarterly dividend on Wednesday, May 15th, Wall Street Journal reports. Shareholders of record on Wednesday, July 3rd will be given 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 Up 0.2 %

Shares of XOMAP opened at $25.52 on Monday. The stock has a 50-day moving average of $25.19 and a two-hundred day moving average of $25.12. XOMA has a one year low of $21.40 and a one year high of $25.98.

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.