US Cellular 2008 Annual Report Download - page 204

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31MAR200920251111
United States Cellular Corporation
SHAREHOLDER INFORMATION
Stock and dividend information
U.S. Cellular’s Common Shares are listed on the New York Stock Exchange under the symbol ‘‘USM’’
and in the newspapers as ‘‘US Cellu.’’ As of January 31, 2009, U.S. Cellular’s Common Shares were
held by 386 record owners. All of the Series A Common Shares were held by TDS. No public trading
market exists for the Series A Common Shares. The Series A Common Shares are convertible on a
share-for-share basis into Common Shares.
U.S. Cellular has not paid any cash dividends and currently intends to retain all earnings for use in U.S.
Cellular’s business.
See ‘‘Consolidated Quarterly Information (Unaudited)’’ for information on the high and low trading prices
of the USM Common Shares for 2008 and 2007.
Stock performance graph
The following chart provides a comparison of U.S. Cellular’s cumulative total return to shareholders
(stock price appreciation plus dividends) during the previous five years to the returns of the Standard &
Poor’s 500 Composite Stock Price Index and the Dow Jones U.S. Telecommunications Index. As of
December 31, 2008, the Dow Jones U.S. Telecommunications Index was composed of the following
companies: AT&T Inc., CenturyTel Inc., Cincinnati Bell Inc., Embarq Corp., Frontier Communications
Corp., Leap Wireless International Inc., Leucadia National Corp., Level 3 Communications Inc., MetroPCS
Communications Inc., NII Holdings Inc., Qwest Communications International Inc., RCN Corp., Sprint
Nextel Corp., Telephone and Data Systems, Inc. (TDS and TDS.S), Time Warner Telecom, Inc., United
States Cellular Corporation, Verizon Communications Inc., Virgin Media Inc. and Windstream Corp.
COMPARISON OF CUMULATIVE FIVE YEAR TOTAL RETURN*
U.S. Cellular, S&P 500 and Dow Jones U.S. Telecommunications Index
(Performance Results Through 12/31/08)
$0
$50
$100
$150
$200
$250
2003 2004 2005 2006 2007 2008
U.S. Cellular Corp Dow Jones U.S. Telecommunications IndexS&P 500 Index
* Cumulative total return assumes reinvestment of dividends.
2003 2004 2005 2006 2007 2008
U.S. Cellular ................................... $100 $126.08 $139.15 $196.03 $236.90 $121.80
S&P 500 Index .................................. 100 110.88 116.33 134.70 142.10 89.53
Dow Jones U.S. Telecommunications Index ................ 100 118.70 113.95 155.91 171.57 115.07
Assumes $100.00 invested at the close of trading on the last trading day preceding the first day of the fifth preceding fiscal year in
U.S. Cellular Common Shares, S&P 500 Index and the Dow Jones U.S. Telecommunications Index.
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