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

XOMA Co. (NASDAQ:XOMAO) announced a quarterly dividend on Tuesday, September 24th, Wall Street Journal reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of 0.5234 per share on Tuesday, October 15th. This represents a $2.09 annualized dividend and a dividend yield of 8.29%. The ex-dividend date is Thursday, October 3rd.

XOMA Stock Down 0.4 %

Shares of NASDAQ:XOMAO traded down $0.10 on Tuesday, hitting $25.26. The company had a trading volume of 9,117 shares, compared to its average volume of 3,314. The business has a 50 day moving average of $25.28 and a 200 day moving average of $25.18. XOMA has a 52-week low of $20.43 and a 52-week high of $25.85.

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.