Lowe's 2010 Annual Report Download - page 52

48 LOWE’S 2010 ANNUAL REPORT
LOWE’S COMPANIES, INC.
STOCK PERFORMANCE (Unaudited)
Quarterly Stock Price Range and Cash Dividend Payment
Fiscal 2010 Fiscal 2009 Fiscal 2008
High Low Dividend* High Low Dividend* High Low Dividend
1st฀Quarter฀ $28.54฀ $21.29฀ $0.090฀ $22.09฀ $13.00฀ $0.085฀ $27.18฀ $20.25฀ $0.080
2nd Quarter 27.93 19.64 0.110 22.68 18.02 0.090 26.18 18.00 0.085
3rd Quarter 22.91 19.35 0.110 24.09 19.46 0.090 28.49 15.76 0.085
4th฀Quarter฀ $26.29฀ $21.09฀ $0.110฀ $24.50฀ $19.15฀ $0.090฀ $23.73฀ $15.85฀ $0.085
As of March 25, 2011, there were 29,962 registered shareholders of Lowe’s common stock.
* Effective the fourth quarter of 2009 the dividend will be paid in the fiscal month following the record date.
Monthly Stock Price and Trading Volume
Fiscal 2010 Fiscal 2009 Fiscal 2008
Shares Shares Shares
High Low Traded High Low Traded High Low Traded
February฀ $23.97฀ $21.29฀ 298,535,700฀ $19.44฀ $14.91฀ 380,470,300฀ $25.68฀ $22.70฀ 243,541,400
March 25.31 23.53 258,941,800 19.92 13.00 483,501,400 25.10 20.25 440,193,100
April 28.54 24.53 277,480,000 22.09 18.47 297,175,500 27.18 23.16 215,194,200
May 27.93 23.09 385,745,700 21.35 18.30 366,414,800 26.18 23.02 226,632,000
June 24.89 20.01 366,966,300 20.99 18.02 330,426,400 24.82 19.95 287,600,700
July 21.99 19.64 260,172,300 22.68 18.43 223,488,200 21.83 18.00 263,974,600
August 21.40 19.35 316,087,700 24.09 19.69 353,063,200 25.47 19.99 282,758,100
September 22.70 20.25 261,284,400 22.37 19.94 313,995,000 28.49 21.35 538,455,500
October 22.91 20.80 263,516,700 21.99 19.46 328,635,300 22.29 15.76 449,070,900
November 22.73 21.09 228,716,300 22.24 19.15 292,337,700 22.00 15.85 330,369,600
December 25.86 21.66 356,194,800 24.50 21.55 269,171,200 23.73 18.46 360,238,200
January฀ $26.29฀ $23.54฀ 324,217,100฀ $23.81฀ $21.61฀ 242,076,000฀ $23.17฀ $18.15฀ 260,547,700
Source: The Wall Street Journal
Stock Splits and
Stock Dividends
Since 1961
• A 100% stock dividend, effective April 5, 1966
(which had the net effect of a 2-for-1 stock split).
•฀฀A฀2-for-1฀stock฀split,฀effective฀November฀18,฀1969.
•฀฀A฀50%฀stock฀dividend,฀effective฀November฀30,฀1971฀
(which had the net effect of a 3-for-2 stock split).
•฀฀A฀331⁄3% stock dividend, effective July 25, 1972
(which had the net effect of a 4-for-3 stock split).
•฀฀A฀50%฀stock฀dividend,฀effective฀June฀2,฀1976฀
(which had the net effect of a 3-for-2 stock split).
•฀฀A฀3-for-2฀stock฀split,฀effective฀November฀2,฀1981.
•฀A฀5-for-3฀stock฀split,฀effective฀April฀29,฀1983.
•฀฀A฀100%฀stock฀dividend,฀effective฀June฀29,฀1992฀
(which had the net effect of a 2-for-1 stock split).
•฀A฀2-for-1฀stock฀split,฀effective฀April฀4,฀1994.
•฀A฀2-for-1฀stock฀split,฀effective฀June฀29,฀1998.
•฀A฀2-for-1฀stock฀split,฀effective฀July฀2,฀2001.
•฀A฀2-for-1฀stock฀split,฀effective฀July฀3,฀2006.
Total Return to Shareholders
The following table and graph compare the total returns (assuming reinvestment of dividends) of the
Company’s฀Common฀Stock,฀the฀S&P฀500฀Index฀and฀the฀S&P฀Retail฀Index.฀The฀graph฀assumes฀
$100฀invested฀on฀February฀3,฀2006฀in฀the฀Company’s฀Common฀Stock฀and฀each฀of฀the฀indices.
2/2/07
$108.16
$116.76
$116.56
2/1/08
$ 81.81
$114.62
$ 95.12
1/29/10
$71.61
$92.53
$92.13
1/28/11
$ 85.01
$112.20
$117.36
2/3/06
$100.00
$100.00
$100.00
1/30/09
$59.44
$69.50
$59.24
Lowe’s
S&P 500
S&P Retail Index
Source: Bloomberg Financial Services
S&P 500Lowe’s S&P Retail Index
40
60
80
100
120
140
61
480
240
12468
12
18
30
60
120 960
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