Pizza Hut 2015 Annual Report Download - page 121

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YUM! BRANDS, INC.-2015 Form10-K 13
Form 10-K
PART II
ITEM 5Market for the Registrant’s Common Stock, Related Stockholder Matters and Issuer Purchases of Equity Securities
PART II
ITEM 5 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.
2015
Quarter High Low
Dividends
Declared
First $ 81.80 $ 70.01 $
Second 94.88 78.29 0.82
Third 92.75 76.10
Fourth 83.42 67.12 0.92
2014
Quarter High Low
Dividends
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
In 2015, the Company declared two cash dividends of $0.41 per share and two cash dividends of $0.46 per share of Common Stock, one of which had a
distribution date of February 5, 2016.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. The Company currently targets, and will continue to target subsequent
to the planned spin-off of our China business, an annual dividend payout ratio of 45% to 50% of net income.
As of February 9, 2016, there were 55,462 registered holders of record of the Company’s Common Stock.