XOMA Co. (NASDAQ:XOMAP – Get Free Report) declared a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Investors of record on Thursday, April 3rd will be paid a dividend of 0.5391 per share on Tuesday, April 15th. This represents a $2.16 dividend on an annualized basis and a yield of 8.35%. The ex-dividend date is Thursday, April 3rd.
XOMA has decreased its dividend by an average of 2.6% annually over the last three years.
XOMA Price Performance
XOMA stock opened at $25.83 on Tuesday. The company’s 50-day moving average price is $25.72 and its two-hundred day moving average price is $25.81. XOMA has a twelve month low of $24.61 and a twelve month high of $26.51.
XOMA Company Profile
XOMA Royalty 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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