World Fuel Services 2008 Annual Report Download - page 26

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PART II
Item 5. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of
Equity Securities
Our common stock is traded on the New York Stock Exchange (“NYSE”) under the symbol INT. As of
February 20, 2009, there were 246 shareholders of record of our common stock and the closing price of our stock
on the NYSE was $26.64. The following table sets forth, for each quarter in 2008 and 2007, the high and low
closing sales prices of our common stock as reported by the NYSE.
Price
High Low
2008
Firstquarter ............................................ $31.28 $24.42
Secondquarter.......................................... 31.71 21.19
Thirdquarter ........................................... 29.75 19.57
Fourthquarter .......................................... 38.46 15.61
2007
Firstquarter ............................................ $47.84 $40.58
Secondquarter.......................................... 48.23 38.56
Thirdquarter ........................................... 44.75 34.22
Fourthquarter .......................................... 44.56 28.91
Dividends
The following table sets forth the amount, the declaration date, record date, and payment date for each
quarterly dividend declared in 2008 and 2007.
Per Share
Amount Declaration Date Record Date Payment Date
2008
First quarter . . . . . . . . . . . . . . . . . $0.0375 March 7, 2008 March 21, 2008 April 9, 2008
Second quarter . . . . . . . . . . . . . . . 0.0375 June 6, 2008 June 18, 2008 July 9, 2008
Third quarter . . . . . . . . . . . . . . . . 0.0375 September 5, 2008 September 19, 2008 October 8, 2008
Fourth quarter . . . . . . . . . . . . . . . 0.0375 December 5, 2008 December 19, 2008 January 7, 2009
2007
First quarter . . . . . . . . . . . . . . . . . $0.0375 March 9, 2007 March 23, 2007 April 11, 2007
Second quarter . . . . . . . . . . . . . . . 0.0375 June 8, 2007 June 22, 2007 July 11, 2007
Third quarter . . . . . . . . . . . . . . . . 0.0375 September 7, 2007 September 21, 2007 October 10, 2007
Fourth quarter . . . . . . . . . . . . . . . 0.0375 December 7, 2007 December 21, 2007 January 9, 2008
Our Credit Facility restricts the payment of cash dividends to a maximum of 50% of our net income for the
four quarters preceding the date of the dividend. The payments of the above dividends were in compliance with
the Credit Facility. For additional information regarding our Credit Facility, see Note 7 to the accompanying
consolidated financial statements, included herein, and “Liquidity and Capital Resources” in “Item 7—
Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
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