XOMA Co. (NASDAQ:XOMAP) to Issue $0.54 Quarterly Dividend

XOMA Co. (NASDAQ:XOMAP) declared a quarterly dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Thursday, October 3rd will be given a dividend of 0.5391 per share on Tuesday, October 15th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 8.39%. The ex-dividend date is Thursday, October 3rd.

XOMA Stock Up 0.3 %

XOMAP traded up $0.07 during trading on Tuesday, reaching $25.71. The company had a trading volume of 2,743 shares, compared to its average volume of 1,810. The business has a 50 day simple moving average of $25.42 and a 200-day simple moving average of $25.29. XOMA has a 52 week low of $21.40 and a 52 week high of $26.48.

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.