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

XOMA Co. (NASDAQ:XOMAO) declared a quarterly dividend on Friday, December 20th,Wall Street Journal reports. Investors of record on Friday, January 3rd will be given a dividend of 0.5234 per share on Wednesday, January 15th. This represents a $2.09 annualized dividend and a yield of 8.14%. The ex-dividend date of this dividend is Friday, January 3rd.

XOMA Trading Up 0.9 %

XOMA stock traded up $0.22 during midday trading on Friday, reaching $25.73. The stock had a trading volume of 1,378 shares, compared to its average volume of 3,634. XOMA has a 12 month low of $23.50 and a 12 month high of $25.87. The firm’s 50-day moving average price is $25.50 and its 200 day moving average price is $25.36.

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.