XOMA Co. (NASDAQ:XOMAO – Get Free Report) declared a quarterly dividend on Friday, March 21st, Wall Street Journal reports. Stockholders of record on Thursday, April 3rd will be paid a dividend of 0.5234 per share on Tuesday, April 15th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.22%. The ex-dividend date of this dividend is Thursday, April 3rd.
XOMA has raised its dividend payment by an average of 9.3% annually over the last three years.
XOMA Trading Down 0.0 %
XOMA stock traded down $0.01 during midday trading on Friday, reaching $25.46. The stock had a trading volume of 3,695 shares, compared to its average volume of 3,094. XOMA has a 12 month low of $24.70 and a 12 month high of $25.87. The firm’s 50-day moving average price is $25.36 and its 200 day moving average price is $25.44.
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.
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