Snapple 2014 Annual Report Download - page 23

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20
PART II
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED
STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
In the U.S., our common stock is listed and traded on the New York Stock Exchange under the symbol "DPS". Information
as to the high and low sales prices of our stock for the two years ended December 31, 2014 and 2013, and the frequency and
amount of dividends declared on our stock during these periods, is set forth in Note 24 of the Notes to our Audited Consolidated
Financial Statements.
As of February 13, 2015, there were approximately 14,000 stockholders of record of our common stock. This figure does not
include a substantially greater number of holders whose shares are held of record in "street name".
The information that will be included under the principal heading "Equity Compensation Plan Information" in our definitive
Proxy Statement for the Annual Meeting of Stockholders to be held on May 21, 2015, to be filed with the Securities and Exchange
Commission, is incorporated herein by reference.
For the years ended December 31, 2014 and 2012, we did not sell any equity securities that were not registered under the
Securities Act of 1933, as amended (the "1933 Act"). During the year ended December 31, 2013, we issued 313,105 unregistered
shares of our common stock (the "Issued Shares") in connection with the acquisition of the assets of Dr. Pepper/7-Up Bottling
Company of the West ("DP/7UP West"), a Nevada corporation, pursuant to an Agreement and Plan of Reorganization, dated
February 25, 2013. In connection with this issuance, we filed a registration statement on Form S-3ASR to register the Issued
Shares under the 1933 Act and to allow the selling securityholders named therein to resell, from time to time, the Issued Shares.
We will not receive any of the proceeds from the resale of the Issued Shares by the selling securityholders.
DIVIDEND POLICY
Our Board of Directors (our "Board") declared aggregate dividends of $1.64, $1.52 and $1.36 per share on outstanding common
stock during the years ended December 31, 2014, 2013 and 2012, respectively.
We expect to return our excess cash flow to our stockholders from time to time through our common stock repurchase program
described below or the payment of dividends. However, there can be no assurance that share repurchases will occur or future
dividends will be declared and paid. The share repurchase program and declaration and payment of future dividends, the amount
of any such share repurchases or dividends and the establishment of record and payment dates for dividends, if any, are subject
to final determination by our Board after its review of our then current strategy and financial performance and position, among
other things.