Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES
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Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES
Common Stock
Casey’s common stock trades on the Nasdaq Global Select Market under the symbol CASY. The 39,055,570 shares of common stock outstanding at April 30, 2016 had a market value of approximately $4.4 billion. On that date there were 1,690 shareholders of record.
Common Stock Market Prices
| Calendar 2014 | High | Low | Calendar 2015 | High | Low | Calendar 2016 | High | Low | |||||||||||||||||||
| Q1 | $ | 70.95 | $ | 64.84 | Q1 | $ | 94.67 | $ | 83.00 | Q1 | $ | 123.75 | $ | 98.80 | |||||||||||||
| Q2 | $ | 75.79 | $ | 64.12 | Q2 | $ | 98.22 | $ | 80.94 | ||||||||||||||||||
| Q3 | $ | 73.09 | $ | 65.70 | Q3 | $ | 114.90 | $ | 95.30 | ||||||||||||||||||
| Q4 | $ | 91.42 | $ | 71.08 | Q4 | $ | 129.53 | $ | 101.36 |
Dividends
We began paying cash dividends during fiscal 1991.The dividends declared in fiscal 2016 totaled $0.88 per share. The dividends declared in fiscal 2015 totaled $0.80 per share. On June 3, 2016, the Board of Directors declared a quarterly dividend of $0.24 per share payable August 15, 2016 to shareholders of record on August 1, 2016. The Board typically reviews the dividend every year at its June meeting.
The cash dividends declared during the calendar years 2014-16 were as follows:
| Calendar 2014 | Cash dividend declared | Calendar 2015 | Cash dividend declared | Calendar 2016 | Cash dividend declared | ||||||||||
| Q1 | $ | 0.180 | Q1 | $ | 0.200 | Q1 | $ | 0.220 | |||||||
| Q2 | 0.200 | Q2 | 0.220 | Q2 | 0.240 | ||||||||||
| Q3 | 0.200 | Q3 | 0.220 | ||||||||||||
| Q4 | 0.200 | Q4 | 0.220 | ||||||||||||
| 0.780 | 0.860 |
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