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

XOMA Co. (NASDAQ:XOMAP) declared a quarterly dividend on Monday, December 22nd. Stockholders of record on Friday, January 2nd will be given a dividend of 0.5391 per share on Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Friday, January 2nd.

XOMA Stock Up 1.0%

Shares of XOMAP traded up $0.27 during trading hours on Monday, reaching $26.84. 1,584 shares of the company traded hands, compared to its average volume of 1,532. The stock has a fifty day simple moving average of $26.58 and a 200 day simple moving average of $26.18. XOMA has a fifty-two week low of $24.96 and a fifty-two week high of $30.00.

About XOMA

XOMA Corporation (NASDAQ: XOMAP) is a clinical-stage biopharmaceutical company focused on the discovery and development of therapeutic antibodies for autoimmune and inflammatory diseases. The company leverages proprietary antibody-generation technologies—including ribosome display and phage display—to identify and optimize human monoclonal antibodies with high specificity and favorable pharmacological profiles.

Its lead clinical program is an interleukin-1 beta modulator being evaluated in patients with rare and severe inflammatory conditions.