XOMA Co. Announces Quarterly Dividend of $0.54 (NASDAQ:XOMAP)

XOMA Co. (NASDAQ:XOMAP) declared a quarterly dividend on Friday, December 20th,Wall Street Journal reports. Stockholders of record on Friday, January 3rd will be given a dividend of 0.5391 per share on Wednesday, January 15th. This represents a $2.16 annualized dividend and a dividend yield of 8.34%. The ex-dividend date is Friday, January 3rd.

XOMA Stock Performance

XOMAP traded up $0.04 during trading on Friday, hitting $25.86. The stock had a trading volume of 753 shares, compared to its average volume of 1,724. XOMA has a one year low of $24.61 and a one year high of $26.51. The company has a 50 day moving average price of $25.97 and a 200-day moving average price of $25.68.

About XOMA

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.