The McGraw-Hill Companies:
Committed to Creating Shareholder Value
Maintaining a strong balance sheet, positioning the company for growth, and advancing shareholder value are key priorities for The McGraw-Hill Companies. In January 2010, the Board of Directors increased the dividend for the 37th consecutive year. Since 1974, McGraw-Hill’s annual dividend has grown at an average compound rate of 9.9%. In the second quarter of 2010, the Corporation resumed share repurchases and bought 6.5 million shares for a total cost of $186.9 million, leaving 10.6 million shares in the 2007 program authorized by the Board of Directors. Approximately $9.7 billion has been returned to shareholders through dividends and stock buyback programs since 1996.