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XOMA Corp's 8.625% Series A Cumulative Perpetual Preferred Stock Shares Cross 8.5% Yield Mark

In trading on Wednesday, shares of XOMA Corp's 8.625% Series A Cumulative Perpetual Preferred Stock (XOMAP) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.1562), with shares changing hands as low as $25.13 on the day. This compares to an average yield of 9.38% in the "Drugs & Pharmaceuticals" preferred stock category, according to Preferred Stock Channel..
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