Travelers 2014 Annual Report Download - page 77

Table of Contents
PART II
Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY
SECURITIES
The Company's common stock is traded on the New York Stock Exchange under the symbol "TRV." The number of holders of record,
including individual owners, of the Company's common stock was 50,680 as of February 6, 2015. This is not the actual number of beneficial owners
of the Company's common stock, as shares are held in "street name" by brokers and others on behalf of individual owners. The following table sets
forth the high and low closing sales prices of the Company's common stock for each quarter during the last two fiscal years and the amount of cash
dividends declared per share.
The Company paid cash dividends per share of $2.15 in 2014 and $1.96 in 2013. Future dividend decisions will be based on, and affected by, a
number of factors, including the operating results and financial requirements of the Company and the impact of dividend restrictions. For
information on dividends, as well as restrictions on the ability of certain of the Company's subsidiaries to transfer funds to the Company in the form
of cash dividends or otherwise, see "Item 7—Management's Discussion and Analysis of Financial Condition and Results of Operations—Liquidity
and Capital Resources." Dividends will be paid by the Company only if declared by its board of directors out of funds legally available, and subject
to any other restrictions that may be applicable to the Company.
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High
Low
Cash
Dividend
Declared
2014
First Quarter
$
89.33
$
80.26
$
0.50
Second Quarter
95.60
84.39
0.55
Third Quarter
95.95
89.12
0.55
Fourth Quarter
106.95
91.81
0.55
2013
First Quarter
$
84.19
$
72.86
$
0.46
Second Quarter
87.90
77.85
0.50
Third Quarter
86.90
79.42
0.50
Fourth Quarter
90.99
82.35
0.50