IHOP 2008 Annual Report Download - page 45

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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 traded on the New York Stock Exchange (‘‘NYSE’’) under the symbol
‘‘DIN’’. The following table sets forth the high and low closing prices of our common stock on the
NYSE, and dividends paid, for each quarter of 2008 and 2007.
Fiscal Year 2008 Fiscal Year 2007
Prices Prices
Dividends Dividends
Quarter High Low Paid High Low Paid
First ............................... $53.24 $35.53 $0.25 $60.21 $51.69 $0.25
Second ............................. $52.30 $36.52 $0.25 $60.57 $53.19 $0.25
Third .............................. $38.69 $15.31 $0.25 $71.70 $54.22 $0.25
Fourth ............................. $18.30 $ 6.15 $0.25 $67.46 $35.57 $0.25
Holders
As of February 17, 2009, there were approximately 5,300 registered holders of record of our
common stock. That number excludes the beneficial owners of shares held in ‘‘street’’ name through
banks, brokers and other financial institutions.
Dividends
The Company had accrued $4.75 million as dividends for the Series A Perpetual Preferred Stock
as of December 31, 2008. The dividends were paid in January 2009.
The Company had paid regular quarterly dividends of $0.25 per common share since May 2003.
Effective December 11, 2008, the Company suspended the payment of its quarterly cash dividend to
common shareholders for the foreseeable future in order to maximize the financial flexibility of the
Company. Future dividend payments on the common shares may be resumed at the discretion of the
Board of Directors after consideration of the Company’s earnings, financial condition, cash
requirements, future prospects and other factors.
Securities Authorized for Issuance Under Equity Compensation Plans
The following table provides information as of December 31, 2008, regarding shares outstanding
and available for issuance under our existing equity compensation plans:
Number of securities
remaining available for
Number of securities to be Weighted average future issuance under
issued upon exercise of exercise price of equity compensation plans
outstanding options, outstanding options, (excluding securities
warrants and rights warrants and rights reflected in column (a))
Plan Category (a) (b) (c)
Equity compensation plans approved
by security holders ............ 933,939 $36.37 2,110,199
Equity compensation plans not
approved by security holders .... — — —
Total ....................... 933,939 $36.37 2,110,199
31