Aarons 2003 Annual Report Download - page 37

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35
The following table shows, for the periods indicated, the
range of high and low prices per share for the Common
Stock and Class A Common Stock and the cash dividends
declared per share.
The Company’s Common Stock and Class A Common
Stock are listed on the New York Stock Exchange under
the symbols “RNT” and “RNT.A,” respectively.
The approximate number of shareholders of the
Company’s Common Stock and Class A Common Stock
at March 5, 2004 was 2,600. The closing prices for the
Common Stock and Class A Common Stock at March 5,
2004 were $24.79 and $22.25, respectively.
Cash
Dividends
Common Stock High Low Per Share
DECEMBER 31, 2003
First Quarter $14.72 $11.37
Second Quarter 17.72 13.53 $.013
Third Quarter 23.10 17.01
Fourth Quarter 23.63 20.13 .020
DECEMBER 31, 2002
First Quarter $15.43 $ 9.63
Second Quarter 18.99 13.43 $.013
Third Quarter 15.73 12.33
Fourth Quarter 15.47 13.40 .013
Common Stock Market Prices & Dividends
Subject to our continuing to earn sufficient income, to
any future capital needs and to other contingencies, we
currently expect to continue our policy of paying dividends.
Our articles of incorporation provide that no cash dividends
may be paid on our Class A Common Stock unless equal or
higher dividends are paid on the Common Stock. Under our
revolving credit agreement, we may pay cash dividends in
any fiscal year only if the dividends do not exceed 50% of
our consolidated net earnings for the prior fiscal year plus
the excess, if any, of the cash dividend limitation applicable
to the prior year over the dividend actually paid in the
prior year.
Cash
Dividends
Class A Common Stock High Low Per Share
DECEMBER 31, 2003
First Quarter $15.17 $12.53
Second Quarter 17.30 13.47 $.013
Third Quarter 21.67 16.00
Fourth Quarter 21.20 18.49 .020
DECEMBER 31, 2002
First Quarter $14.83 $ 7.00
Second Quarter 18.33 14.27 $.013
Third Quarter 16.40 13.73
Fourth Quarter 15.83 14.10 .013