Frontier Communications 2004 Annual Report Download - page 15

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CITIZENS COMMUNICATIONS COMPANY AND SUBSIDIARIES
13
PART II
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
PRICE RANGE OF COMMON STOCK
Our Common Stock is traded on the New York Stock Exchange under the symbol CZN. The following table indicates the high
and low prices per share during the periods indicated.
2004 2003
High Low High Low
First Quarter $13.25 $11.37 $11.55 $ 8.81
Second Quarter $13.54 $12.06 $13.40 $ 9.99
Third Quarter $14.80 $12.04 $13.39 $10.93
Fourth Quarter $14.63 $13.11 $12.80 $10.23
As of February 28, 2005, the approximate number of security holders of record of our Common Stock was 27,366. This
information was obtained from our transfer agent.
DIVIDENDS
The amount and timing of dividends payable on our Common Stock are within the sole discretion of our Board of Directors. In
2004, the Board of Directors approved a special, non-recurring dividend of $2.00 per share of Common Stock, and instituted a
regular annual dividend of $1.00 per share of Common Stock to be paid quarterly. Cash dividends paid to shareholders were
approximately $832.8 million in 2004. No dividends were paid in 2003. There are no material restrictions on our ability to pay
dividends.
RECENT SALES OF UNREGISTERED SECURITIES, USE OF PROCEEDS FROM REGISTERED SECURITIES
None
ISSUER PURCHASES OF EQUITY SECURITIES
None