Pizza Hut 2014 Annual Report Download - page 106

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13MAR201517272138
PART II
Market for the Registrant’s Common
Stock, Related Stockholder Matters
and Issuer Purchases of Equity
Securities
The Company’s Common Stock trades under the symbol YUM and is listed on the New York Stock Exchange (‘‘NYSE’’). The following sets forth
the high and low NYSE composite closing sale prices by quarter for the Company’s Common Stock and dividends per common share.
2014
Dividends
Quarter High Low Declared
First $ 77.40 $ 66.16 $ 0.37
Second 79.99 73.20 0.37
Third 83.29 69.40 —
Fourth 78.36 67.23 0.82
2013
Dividends
Quarter High Low Declared
First $ 70.20 $ 62.08 $ 0.335
Second 73.52 64.15 0.335
Third 74.82 68.10 —
Fourth 78.30 65.17 0.74
In 2014, the Company declared two cash dividends of $0.37 per share and two cash dividends of $0.41 per share of Common Stock, one of which
had a distribution date of February 6, 2015. In 2013, the Company declared two cash dividends of $0.335 per share and two cash dividends of
$0.37 per share of Common Stock, one of which had a distribution date of February 7, 2014. The Company targets an annual dividend payout ratio
of 40% to 45% of net income.
As of February 10, 2015, there were 58,368 registered holders of record of the Company’s Common Stock.
12 YUM! BRANDS, INC. - 2014 Form 10-K
ITEM 5
Form 10-K