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
Market Information
Our common stock trades on the NASDAQ Global Select Market under the symbol "WYNN." The following table sets forth the high and low sale prices for the indicated periods, as reported by the NASDAQ Global Select Market.
| High | Low | ||||||
| Year Ended December 31, 2015 | |||||||
| First Quarter | $ | 160.41 | $ | 121.53 | |||
| Second Quarter | $ | 136.93 | $ | 93.59 | |||
| Third Quarter | $ | 112.00 | $ | 52.26 | |||
| Fourth Quarter | $ | 77.25 | $ | 50.96 | |||
| Year Ended December 31, 2014 | |||||||
| First Quarter | $ | 249.31 | $ | 189.03 | |||
| Second Quarter | $ | 231.00 | $ | 188.43 | |||
| Third Quarter | $ | 220.50 | $ | 172.53 | |||
| Fourth Quarter | $ | 192.45 | $ | 133.58 |
Holders
There were approximately 190 holders of record of our common stock as of February 12, 2016.
Dividends
Wynn Resorts is a holding company and, as a result, our ability to pay dividends is dependent on our ability to obtain funds and our subsidiaries' ability to provide funds to us. Restrictions imposed by our subsidiaries' debt instruments significantly restrict certain key subsidiaries, including Wynn Las Vegas, LLC, Wynn America, LLC and Wynn Macau SA, from making dividends or distributions to Wynn Resorts. These restrictions are subject to certain exceptions for affiliated overhead expenses as defined in the agreements governing the debt instruments, unless certain financial and non-financial criteria have been satisfied.
In February 2015, we paid a cash dividend of $1.50 per share. In each of May 2015, August 2015, and November 2015, we paid a cash dividend of $0.50 per share. In November 2014, we paid a cash dividend of $2.50 per share. In each of February 2014, May 2014, and August 2014, we paid a cash dividend of $1.25 per share.
On February 11, 2016, the Company announced a cash dividend of $0.50 per share, payable on March 2, 2016 to stockholders of record as of February 23, 2016.
Our Board of Directors will continue to periodically assess the level and appropriateness of any cash dividends.
Issuer Purchases of Equity Securities
In November 2015, we repurchased 4,103 shares in satisfaction of tax withholding obligations on vested restricted stock at an average price of $69.95 per share, for a total expenditure of $0.3 million.
Stock Performance Graph
The graph below compares the five year cumulative total return on our common stock to the cumulative total return of the Standard & Poor's 500 Stock Index ("S&P 500") and the Dow Jones US Gambling Index. The performance graph assumes that $100 was invested on December 31, 2010 in each of the Company's common stock, the S&P 500 and the Dow Jones US Gambling Index, and that all dividends were reinvested. The stock price performance shown in this graph is neither necessarily indicative of, nor intended to suggest, future stock price performance.
COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN*
Among Wynn Resorts Ltd., the S&P 500 Index,
and the Dow Jones US Gambling Index

| *100 invested on 12/31/10 in stock or index, including reinvestment of dividends. Fiscal year ending December 31. |
| Copyright © 2016 S&P, a division of McGraw Hill Financial. All rights reserved. |
| Copyright © 2016 Dow Jones & Co. All rights reserved. |
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