eTrade 2003 Annual Report Download - page 27

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Table of Contents
Index to Financial Statements
PART II
ITEM 5.
MARKET FOR REGISTRANT’S COMMON EQUITY AND RELATED SHAREHOLDER
MATTERS
Price Range of Common Stock
The following table shows the high and low sale prices of our common stock as reported by the NYSE for the periods indicated:
The closing sale price of the Company’
s common stock as reported on the NYSE on February 27, 2004 was $14.31 per share. At that date
there were 2,462 holders of record of the Company’s common stock.
Dividends
High
Low
2003:
First Quarter
$
5.56
$
3.65
Second Quarter
$
9.51
$
4.14
Third Quarter
$
10.64
$
8.30
Fourth Quarter
$
12.91
$
9.25
2002:
First Quarter
$
12.64
$
7.61
Second Quarter
$
9.54
$
4.60
Third Quarter
$
5.47
$
2.81
Fourth Quarter
$
5.98
$
3.61
The Company has never declared or paid cash dividends on its capital stock. The Company currently intends to retain all of its earnings
for use in its business and does not anticipate paying any cash dividends for the foreseeable future.
19