eTrade 2011 Annual Report Download - page 28

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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED SHAREHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Price Range of Common Stock
The following table shows the high and low sale prices of our common stock as reported by the NASDAQ
for the periods indicated:
High Low
2011:
First Quarter $18.13 $14.60
Second Quarter $16.83 $13.23
Third Quarter $16.66 $ 9.07
Fourth Quarter $11.69 $ 7.42
2010:
First Quarter $18.50 $14.10
Second Quarter $19.90 $11.73
Third Quarter $15.60 $11.15
Fourth Quarter $16.24 $13.73
The closing sale price of our common stock as reported on the NASDAQ on February 17, 2012 was $9.35
per share. At that date, there were 1,648 holders of record of our common stock.
Dividends
We have never declared or paid cash dividends on our common stock. The terms of our corporate debt
currently prohibit the payment of dividends and will continue to prohibit the payment of dividends for the
foreseeable future. E*TRADE Bank may not pay dividends to the parent company without approval from its
regulators. This dividend restriction includes E*TRADE Securities LLC and E*TRADE Clearing LLC as they
are subsidiaries of E*TRADE Bank.
Equity Compensation Plan Information
Refer to Note 18—Employee Shared-Based Payments and Other Benefits of Item 8. Financial Statements
and Supplementary Data for equity compensation plan information.
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