BARNWELL INDUSTRIES INC 10-K

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Market Information The principal market on which Barnwell’s common stock is being traded is the NYSE American under the ticker symbol “BRN.” The following tables present the quarterly high and low sales prices, on the NYSE American, for Barnwell’s common stock during the periods indicated: Quarter Ended High Low Quarter Ended High Low December 31, 2020 $1.99 $0.76 December 31, 2021 $3.50 $2.30 March 31, 2021 $6.99 $1.25 March 31, 2022 $6.38 $2.38 June 30, 2021 $4.34 $2.02 June 30, 2022 $3.40 $2.29 September 30, 2021 $3.59 $2.00 September 30, 2022 $3.32 $2.12 Holders As of December 9, 2022, there were 9,956,687 shares of common stock, par value $0.50, outstanding. As of December 9, 2022, there were approximately 80 shareholders of record and approximately 1,000 beneficial owners. Dividends In August 2022, the Company's Board of Directors declared a cash dividend of $0.015 per share that was paid on September 6, 2022 to stockholders of record on August 23, 2022. No dividends were declared or paid during fiscal 2021. The payment of future cash dividends will depend on, among other things, our financial condition, operating cash flows, the amount of cash inflows from land investment activities, and the level of our oil and natural gas capital expenditures and any other investments. Securities Authorized for Issuance Under Equity Compensation Plans See information included in Part III, Item 12, under the caption “Equity Compensation Plan Information.” Stock Performance Graph and Cumulative Total Return Disclosure is not required as Barnwell qualifies as a smaller reporting company. ITEM 6. [RESERVED] 34