Blizzard 2011 Annual Report Download - page 82

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COMPARISON OF 69 MONTH CUMULATIVE TOTAL RETURN*
Among Activision Blizzard, Inc., the NASDAQ Composite Index,
and the RDG Technology Composite Index
* 100 invested on 3/31/06 in stock or index, including reinvestment of dividends.
Fiscal year ending December 31.
3/06 3/07 3/08 12/08 12/09 12/10 12/11
Activision Blizzard, Inc. .................................................. 100.00 137.35 198.04 125.31 161.13 182.91 183.90
NASDAQ Composite ....................................................... 100.00 106.12 100.26 69.58 100.89 118.80 117.43
RDG Technology Composite.......................................... 100.00 103.63 100.69 67.68 108.89 122.84 122.60
The stock price performance included in this graph is not necessarily indicative of future stock price performance.
Cash Dividends
On February 9, 2012, our Board of Directors declared a cash dividend of $0.18 per common share payable on
May 16, 2012 to shareholders of record at the close of business on March 21, 2012.
On February 9, 2011, our Board of Directors declared a cash dividend of $0.165 per common share payable on
May 11, 2011 to shareholders of record at the close of business on March 16, 2011, and on May 11, 2011, we made an aggregate
cash dividend payment of $192 million to such shareholders. On August 12, 2011, the Company made dividend equivalent
payments of $2 million related to that cash dividend to the holders of restricted stock units.
On February 10, 2010, our Board of Directors declared a cash dividend of $0.15 per common share payable on
April 2, 2010 to shareholders of record at the close of business on February 22, 2010 and on April 2, 2010, we made an
aggregate cash dividend payment of $189 million to such shareholders. Additionally, on October 22, 2010, the Company made
dividend equivalent payments of $2 million related to that cash dividend to the holders of restricted stock units.
We did not pay cash dividends in 2009. Future dividends will depend upon our earnings, financial condition, cash
requirements, future prospects, and other factors deemed relevant by our Board of Directors. There can be no assurances that
dividends will be declared in the future.
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