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, 2021 $3.50 $2.30 December 31, 2022 $3.33 $2.70 March 31, 2022 $6.38 $2.38 March 31, 2023 $2.97 $1.89 June 30, 2022 $3.40 $2.29 June 30, 2023 $3.10 $2.47 September 30, 2022 $3.32 $2.12 September 30, 2023 $2.79 $2.18 Holders As of December 12, 2023, there were 10,000,106 shares of common stock, par value $0.50, outstanding. As of December 12, 2023, there were approximately 81 shareholders of record and approximately 1,000 beneficial owners. Dividends The following table sets forth the cash dividends paid per share of common stock during fiscal 2023 and 2022. Record Date Date of Payment Dividend Paid August 24, 2023 September 11, 2023 $0.015 May 25, 2023 June 12, 2023 $0.015 February 23, 2023 March 13, 2023 $0.015 December 27, 2022 January 11, 2023 $0.015 August 23, 2022 September 6, 2022 $0.015 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. 32 ITEM 6. [RESERVED] 33