Invacare 2015 Annual Report Download - page 41

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I-35
PART II
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities.
Invacare’s Common Shares, without par value, trade on the New York Stock Exchange (NYSE) under the symbol “IVC.”
Ownership of the company’s Class B Common Shares (which are not listed on NYSE) cannot be transferred, except, in general,
to family members without first being converted into Common Shares. Class B Common Shares may be converted into Common
Shares at any time on a share-for-share basis. The number of record holders of the company Common Shares and Class B Common
Shares at March 1, 2016 was 2,360 and 26, respectively. The closing sale price for the Common Shares on March 1, 2016 as
reported by NYSE was $12.60. The prices set forth below do not include retail markups, markdowns or commissions.
The following table sets forth, for each of the quarterly periods indicated, the high and low intraday sales prices of the
company’s common shares and dividends declared on the company’s common shares for the periods indicated.
2015 2014
High Low
Cash Dividends
Declared High Low
Cash Dividends
Declared
Quarter Ended:
December 31 . . . . . . . . . . . . $ 20.41 $ 14.00 $ 0.0125 $ 17.52 $ 11.65 $ 0.0125
September 30 . . . . . . . . . . . . 22.22 14.24 0.0125 19.20 11.79 0.0125
June 30 . . . . . . . . . . . . . . . . . 23.59 18.85 0.0125 19.82 15.51 0.0125
March 31 . . . . . . . . . . . . . . . 20.35 14.33 0.0125 25.96 18.35 0.0125
During 2015 and 2014, the Board of Directors also declared annualized dividends of $0.0455 per Class B Common Share.
For information regarding limitations on the payment of dividends in the company's credit facilities and debt agreements, see
Long Term Debt in the Notes to the Consolidated Financial Statements included in this report. The Common Shares are entitled
to receive cash dividends at a rate of at least 110% of cash dividends paid on the Class B Common Shares. See Item 7. Management's
Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources, regarding covenants
in the company's senior credit facilities with respect to the payment of dividends.