Aarons 2010 Annual Report Download - page 48

Common Stock Market Prices and Dividends
The line graph above and the table below compare, for the
last five fiscal years of the Company, the yearly percentage change
in the cumulative total shareholder returns (assuming reinvestment
of dividends) on the Company’s Common Stock with that of the
S&P SmallCap 600 Index and a Peer Group. For 2010, the Peer
Group consisted of Rent-A-Center, Inc. The stock price perfor-
mance shown is not necessarily indicative of future performance.
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Aaron’s, Inc. 100.00 136.38 89.47 114.14 117.37 160.03
S&P Smallcap 600 100.00 115.12 114.78 79.11 99.34 125.47
S&P Midcap 400 100.00 110.32 119.12 75.96 104.36 132.16
Peer Group 100.00 156.47 76.99 93.58 93.96 172.03
The Company’s Common Stock is listed on the New York
Stock Exchange under the symbol “AAN.”
The number of shareholders of record of the Company’s
Common Stock at February 24, 2011 was 282. The closing price
for the Common Stock at February 23, 2011 was $23.18.
The following table shows the range of high and low closing
prices per share for the Nonvoting Common Stock and Class A
Common Stock (now known as the Common Stock) and the quar-
terly cash dividends declared per share for the periods indicated.
Cash
Dividends
Common Stock High Low Per Share
December 31, 2010
Fourth Quarter (December 13,
2010 – December 31, 2010)(1) $20.67 $19.73 $.013
Cash
Dividends
Former Nonvoting Common Stock High Low Per Share
December 31, 2010
First Quarter(2) $22.47 $18.25 $.012
Second Quarter(2) 24.32 17.05 .012
Third Quarter 18.62 16.16 .012
Fourth Quarter (October 1,
2010 – December 10, 2010)(1) 22.53 16.92 NA
December 31, 2009
First Quarter(2) $18.67 $13.91 $.011
Second Quarter(2) 23.47 17.17 .011
Third Quarter(2) 21.35 16.55 .011
Fourth Quarter(2) 19.68 16.40 .012
Cash
Dividends
Former Class A Common Stock High Low Per Share
December 31, 2010
First Quarter(2) $18.10 $14.60 $.012
Second Quarter(2) 19.85 13.55 .012
Third Quarter 18.40 13.00 .012
Fourth Quarter (October 1,
2010 – December 10, 2010)(1) 21.03 16.81 NA
December 31, 2009
First Quarter(2) $ 15.60 $ 10.50 $ .011
Second Quarter(2) 20.30 14.83 .011
Third Quarter(2) 16.73 13.38 .011
Fourth Quarter(2) 15.77 9.56 .012
(1) Effective December 13, 2010 shares of the former Nonvoting Common Stock
were converted into shares of Class A Common Stock and the Class A Common
Stock was renamed Common Stock.
(2) Shares have been adjusted for the effect of the 3-for-2 partial stock split dis-
tributed on April 15, 2010 and effective April 16, 2010.
Subject to our ongoing ability to generate sufficient income, any
future capital needs and other contingencies, we expect to continue
our policy of paying dividends. Under our revolving credit agree-
ment, we may pay cash dividends in any year only if the dividends
do not exceed 50% of our consolidated net earnings for the prior
fiscal year plus the excess, if any, of the cash dividend limitation
applicable to the prior year over the dividend actually paid in the
prior year.
Copyright© 2011 Standard & Poor’s, a division of The McGraw-Hill Companies Inc. All rights
reserved. (www.researchdatagroup.com/S&P.htm)
COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN*
Among Aaron's, Inc., the S&P Smallcap 600 Index,
the S&P Midcap 400 index and a Peer Group
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
$200
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12/06
12/07
12/08
12/09 12/10
Aaron's, Inc.
S&P Smallcap 600
S&P Midcap 400
Peer Group
44