Delta Airlines 2015 Annual Report Download - page 26

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TableofContents
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("NYSE").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.
CommonStock CashDividendsDeclared
(pershare)
High Low
Fiscal2015
FourthQuarter
$ 52.77
$ 43.35
$ 0.135
ThirdQuarter
$ 48.30
$ 34.61
$ 0.135
SecondQuarter
$ 47.98
$ 38.97
$ 0.09
FirstQuarter
$ 51.06
$ 42.60
$ 0.09
Fiscal2014
FourthQuarter
$ 50.16
$ 30.12
$ 0.09
ThirdQuarter
$ 40.97
$ 34.59
$ 0.09
SecondQuarter
$ 42.66
$ 30.54
$ 0.06
FirstQuarter
$ 35.85
$ 27.26
$ 0.06
Holders
AsofJanuary31,2016,therewereapproximately2,940holdersofrecordofourcommonstock.
Dividends
IntheSeptember2013quarter,ourBoardofDirectorsinitiatedaquarterlydividendprogramof$0.06pershare.IntheSeptember2014quarter,theBoard
increasedthequarterlydividendpaymentto$0.09pershare.IntheSeptember2015quarter,theBoardincreasedthequarterlydividendpaymentto$0.135per
share.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.
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