US Cellular 2011 Annual Report Download - page 82

Download and view the complete annual report

Please find page 82 of the 2011 US Cellular annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 88

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88

18FEB201212101404
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, 2012, the last trading day of the month, U.S.
Cellular’s Common Shares were held by 340 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 2011 and 2010.
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, 2011, the Dow Jones U.S. Telecommunications Index was composed of the following
companies: AboveNet Inc., AT&T Inc., CenturyLink Inc., Cincinnati Bell Inc., Crown Castle International
Corp., Frontier Communications Corp., Leap Wireless International Inc., Leucadia National Corp., Level 3
Communications Inc., MetroPCS Communications Inc., NII Holdings Inc., SBA Communications Corp.,
Sprint Nextel Corp., Telephone and Data Systems, Inc. (TDS and TDS.S), TW 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 12/31/11)
$0
$50
$100
$150
$200
2006 2007 2008 2009 2010 2011
U.S. Cellular (NYSE: USM)
S&P 500 Index
Dow Jones U.S. Telecommunications Index
* Cumulative total return assumes reinvestment of dividends.
2006 2007 2008 2009 2010 2011
U.S. Cellular (NYSE: USM) ............................. $100 $120.85 $62.14 $60.94 $71.76 $62.70
S&P 500 Index ..................................... 100 105.49 66.46 84.05 96.71 98.76
Dow Jones U.S. Telecommunications Index ................... 100 110.04 73.80 81.07 95.45 99.24
Assumes $100.00 invested at the close of trading on the last trading day preceding the first day of 2006 in U.S. Cellular Common
Shares, S&P 500 Index and the Dow Jones U.S. Telecommunications Index.
74