World Fuel Services 2011 Annual Report Download - page 41

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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 15, 2012, there were 320 shareholders of record of our common stock and the closing price of
our stock on the NYSE was $46.90. The following table sets forth, for each quarter in 2011 and 2010, the
high and low closing sales prices of our common stock as reported by the NYSE.
Price
High Low
First quarter $41.44 $35.58
Second quarter 40.61 33.11
Third quarter 39.49 31.65
Fourth quarter 42.87 32.23
2010
First quarter $29.07 $22.68
Second quarter 30.32 24.03
Third quarter 28.99 24.14
Fourth quarter 36.70 25.98
Cash Dividends
The following table sets forth the amount, the declaration date, record date and payment date for each
quarterly cash dividend declared in 2011 and 2010.
Per Share Amount Declaration Date Record Date Payment Date
First quarter $0.0375 March 4, 2011 March 18, 2011 April 8, 2011
Second quarter 0.0375 June 10, 2011 June 24, 2011 July 8, 2011
Third quarter 0.0375 September 6, 2011 September 16, 2011 October 7, 2011
Fourth quarter 0.0375 November 22, 2011 December 16, 2011 January 6, 2012
2010
First quarter $0.0375 March 4, 2010 March 19, 2010 April 8, 2010
Second quarter 0.0375 June 3, 2010 June 18, 2010 July 7, 2010
Third quarter 0.0375 September 2, 2010 September 17, 2010 October 6, 2010
Fourth quarter 0.0375 December 2, 2010 December 17, 2010 January 5, 2011
Our Credit Facility and Term Loan Facility restrict the payment of cash dividends to a maximum of the
sum of (i) $50 million plus (ii) 50% of the consolidated net income calculated quarterly for the previous
four fiscal quarters plus (iii) 100% of the net proceeds of all equity issuances made after the closing date
of the Credit Facility and Term Loan Facility. For additional information regarding our Credit Facility and
Term Loan Facility, see Note 6 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.’’
17
2011
2011