Delta Airlines 2013 Annual Report Download - page 29

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Part II
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER
PURCHASES OF EQUITY SECURITIES
Market Information
Our common stock is listed on the New York Stock Exchange. The following table sets forth for the periods indicated the highest and lowest
sales price for our common stock as reported on the NYSE and dividends declared during these periods.
Holders
As of January 31, 2014, there were approximately 3,390 holders of record of our common stock.
Dividends
In 2013, our Board of Directors initiated a quarterly dividend program and declared a $0.06 per share dividend for shareholders of record as
of August 9, 2013 and November 6, 2013, which were paid in September and November 2013 respectively. The Board did not declare any other
dividends in the last two fiscal years. Our ability to pay future dividends is subject to compliance with covenants in several of our credit
facilities. In addition, any future determination to pay cash dividends will be at the discretion of the Board of Directors, subject to applicable
limitations under Delaware law, and will be dependent upon our results of operations, financial condition, cash requirements, future prospects
and other factors deemed relevant by the Board of Directors.
23
Common Stock Cash Dividends
Declared (per share)
High Low
Fiscal 2013
Fourth Quarter
29.44
23.63
$0.06
Third Quarter
24.10
18.30
$0.06
Second Quarter
19.43
13.94
--
First Quarter
17.25
11.97
--
Fiscal 2012
Fourth Quarter
12.05
9.11
--
Third Quarter
11.25
8.42
--
Second Quarter
12.25
9.78
--
First Quarter
11.58
7.83
--