Travelers 2003 Annual Report Download - page 155

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Corporate Profile
St. Paul Travelers is headquartered in Saint Paul, Minn.,
with significant operations in Hartford, Conn. and other
U.S. cities. The company offers insurance to a wide variety
of businesses and other organizations, as well as individu-
als, through independent insurance agents and brokers.
The company also holds a 79 percent majority interest in
Nuveen Investments. St. Paul Travelers reported 2003
pro forma revenues of $23.7 billion and total assets of
$109.7 billion. For more information about St. Paul
Travelers and its products and services, visit the company’s
Web site, www.stpaultravelers.com.
Automatic Dividend Reinvestment Program
This program provides a convenient way for shareholders
to increase their holding of company stock. An explanatory
brochure and enrollment card may be obtained by contact-
ing our stock transfer agent, Wells Fargo Bank, N.A. at
888.326.5102, or at the address below.
Stock Transfer Agent and Registrar
For address changes, dividend checks, direct deposits of
dividends, account consolidations, registration changes,
lost stock certificates, stock holdings and the Dividend
Reinvestment Program, please contact:
Wells Fargo Bank, N.A.
Shareholder Services Department
P.O. Box 64854
Saint Paul, MN 55164-0854
Tel: 888.326.5102
www.wellsfargo.com/shareownerservices
Annual Shareholders’ Meeting
The 2004 annual shareholders’ meeting will be held
Wednesday, July 28, 2004, at the corporate headquarters,
385 Washington Street, Saint Paul, Minn. A proxy
statement will be sent around June 11, 2004, to each
shareholder of record as of June 4, 2004.
Financial Information Available
St. Paul Travelers makes available, free of charge on its
Web site, all of its filings that are made electronically
with the SEC, including Forms 10-K, 10-Q and 8-K. To
access these filings, go to the company’s Web site
(www.stpaultravelers.com) and click on “SEC Filings”
under the “Investors” heading. On May 10, 2004,
St. Paul Travelers filed a Form 10-Q for the period
ended March 31, 2004.
St. Paul Travelers will make available to shareholders upon
request, without charge, the 2003 Annual Reports on
Form 10-K of The St. Paul Companies, Inc. and Travelers
Property Casualty Corp. as filed with the SEC. Requests
may be directed to:
Bruce Backberg, Corporate Secretary
The St. Paul Travelers Companies, Inc.
385 Washington Street
Saint Paul, MN 55102
Stock Price and Dividend Rate
Our common stock is traded on the New York Stock
Exchange under the symbol “STA.” Prior to the merger of
St. Paul and Travelers, St. Paul’s common stock traded on
the New York Stock Exchange under the symbol “SPC.” As
of May 26, 2004, St. Paul Travelers had 113,191 holders
of record of its common stock. This figure does not repre-
sent the actual number of beneficial owners of common
stock because shares are frequently held in “street name”
by securities brokers and others for the benefit of individual
owners who may vote or dispose of the shares.
The following table sets forth the amount of cash
dividends declared per share and the high and low closing
sales prices of SPC’s common stock for each quarter
during the last two years.
Cash
Dividend
2003 High Low Declared
1st Quarter $ 36.66 $ 29.33 $ 0.29
2nd Quarter 38.02 32.32 0.29
3rd Quarter 38.49 34.30 0.29
4th Quarter 39.65 35.15 0.29
Cash
Dividend
2002 High Low Declared
1st Quarter $ 49.41 $ 39.50 $ 0.29
2nd Quarter 50.12 38.34 0.29
3rd Quarter 37.88 24.20 0.29
4th Quarter 37.24 27.05 0.29
Prior to the merger of St. Paul and Travelers, St. Paul paid
dividends at the indicated annual rate of $1.16 per share
and Travelers paid dividends at the indicated annual rate of
$0.32 per share. Adjusted for the exchange ratio in the
merger, the Travelers pro forma indicated annual dividend
rate prior to merger was $0.74 per share. In connection
with the merger, on March 19, 2004, St. Paul declared a
special dividend of $0.21 per share, payable on May 14,
2004, to shareholders of record as of the close of busi-
ness on March 26, 2004.
Following the merger, St. Paul Travelers is initially expected
to pay regular quarterly dividends at the rate of $0.22 per
share. On April 28, 2004, St. Paul Travelers declared a
regular quarterly dividend of $0.22 per share (or $0.88 per
share on an annualized basis), payable on June 30, 2004,
to shareholders of record as of the close of business on
June 10, 2004.
Shareholders’ Information
Copyright 2004 St. Paul Travelers Form #58296 Ed. 6-04