XOMA Royalty Corporation Announces Dividend Declaration
Emeryville, Calif., September 23, 2024
XOMA Royalty Corporation (Nasdaq: XOMA) has made an exciting announcement today regarding cash dividends for holders of XOMA’s Series A and Series B Cumulative Preferred Stock.
Details of Dividend Declaration:
The Board of Directors has authorized the following cash dividends:
Holders of the 8.625% Series A Cumulative Perpetual Preferred Stock (Nasdaq: XOMAP) will receive a cash dividend of $0.53906 per share.
This announcement is a testament to XOMA’s commitment to rewarding its shareholders and maintaining strong financial performance.
Investors holding XOMA’s preferred stock can look forward to receiving their dividends as per the company’s declaration.
How This Announcement Will Impact Me
As a shareholder of XOMA’s Series A or Series B Cumulative Preferred Stock, you can expect to receive the declared cash dividend, which can provide a valuable source of income for your investment portfolio.
How This Announcement Will Impact the World
By declaring cash dividends to its shareholders, XOMA is contributing to the stability and growth of the financial markets, which in turn can have a positive impact on the overall economy. This announcement reflects positively on the company’s financial health and strategic decision-making.
Conclusion
XOMA’s announcement of cash dividends for its Series A and Series B Cumulative Preferred Stock highlights the company’s dedication to creating value for its shareholders. This move not only benefits individual investors but also has a ripple effect on the broader financial landscape, showcasing XOMA’s commitment to long-term success.
