Y E A R    2 0 0 0                A N N U A L   R E P O R T

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PART II

ITEM 5    ITEM 6    ITEM 7    ITEM 7A    ITEM 8    ITEM 9

 

ITEM 5.        MARKET FOR REGISTRANT’S COMMON EQUITY AND RELATED 

                    STOCKHOLDER MATTERS

Market Price of and Dividends on the Registrant’s Common Equity

    WHI’s Common Stock trades on the New York Stock Exchange (“NYSE”) under the symbol “WXH.”  As of March 1, 2001, WHI had approximately 11,900 common shareholders based on the number of shareholders of record and an estimate of the number of participants represented by security position listings.  The following table sets forth, for the indicated periods, the high and low closing prices for the Common Stock and the cash distributions declared per share:

 

Price Range

Cash Distributions Declared

 

High

Low

Per Share

 

 

 

 

      2000

 

 

 

        First Quarter

$      8.50

  $      7.38

                $       0.28

        Second Quarter

        8.12

          7.37

                         0.28

        Third Quarter

        8.93

          7.06

                         0.28

        Fourth Quarter

        8.18

          7.12

                         0.28

 

 

 

 

      1999

 

 

 

        First Quarter

 $      9.75

  $      8.06

                $       0.28

        Second Quarter

       10.50

          8.18

                         0.28

        Third Quarter

       10.31

          8.37

                         0.28

        Fourth Quarter

        8.68

          7.75

                         0.28

    Although the declaration of distributions is within the discretion of the Board of Directors and depends on the Company’s results of operations, cash available for distribution, the financial condition of the Company, tax considerations (including those related to REITs) and other factors considered important by the Board of Directors, the Company’s policy is to make regular quarterly distributions to its shareholders.

 
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