Shareholder details
Your Dividends
A quarterly dividend of $0.26 per share was declared Feb. 2, 1999, payable April 16, 1999, to shareholders of record as of March 31, 1999.
Dividends have been paid every year since 1872. During those 127 years of uninterrupted dividend payments, total payments have been increased in 67 years. The chart at the end of this file contains dividend information for 1998 and 1997.
Automatic Dividend Reinvestment Program
This program provides a convenient way for shareholders to increase their holdings of company stock. Approximately 48 percent of shareholders of record are participating.
An explanatory brochure and enrollment card may be obtained by calling our stock transfer agent Norwest Bank Minnesota at 888-326-5102, or contacting them at the address below.
Stock Transfer Agent and Registrar
For address changes, dividend checks, direct deposit of dividends, account consolidations, registration changes, lost stock certificates, stock holdings and the Dividend Reinvestment Plan please contact:
Norwest Bank Minnesota, N.A.
Shareowner Services Department
P.O. Box 64854
Saint Paul, MN 55164-0854
Telephone:
888-326-5102
Stock Trading
The company's stock is traded nationally on the New York Stock Exchange, where it is assigned the symbol SPC. The stock is also listed on the London Stock Exchange under the symbol SPA. The number of holders of record, including individual owners, of our common stock was 24,179 as of March 1, 1999.
Options on the company's stock trade on the Chicago Board Options Exchange under the symbol SPQ.
Form 10-K Available
The Form 10-K report filed with the Securities and Exchange Commission is available without charge to shareholders upon request. Write to our corporate secretary: Sandra Ulsaker Wiese, The St. Paul Companies, 385 Washington Street, Saint Paul, MN 55102. Also available from the corporate secretary is a comprehensive supplement to the annual report.
Stock Price and Dividend Rate
The table below sets forth the amount of cash dividends declared per share and the high and low closing sales prices of company stock for each quarter during the past two years.
Cash Dividend Declared
High
Low
1998
$47 3/16
39 5/16
$0.25
1st Quarter
45 3/8
39 15/16
0.25
2nd Quarter
43 5/8
28 1/16
0.25
3rd Quarter
4th Quarter
37 1/2
29 9/16
0.25
Cash dividend paid in 1998 was $0.985.
Cash Dividend Declared
High
Low
1997
$35 13/16
28 5/16
$0.235
1st Quarter
32 1/16
40 1/16
0.235
2nd Quarter
40 15/16
36 9/16
0.235
3rd Quarter
42 5/8
39 9/16
0.235
4th Quarter
Cash dividend paid in 1997 was $0.925.