CITIZENS, INC. 10-K

Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Our Class A common stock is traded on the New York Stock Exchange ("NYSE") under the symbol CIA. All of our Class B common stock is owned by the Harold E. Riley Foundation and is not listed on an exchange; therefore, there is no public trading market for our Class B common stock. The number of stockholders of record as of March 5, 2021 was as follows: • Class A Common Stock - 49,559,040 • Class B Common Stock - 1,001,714 We have never paid cash dividends on our Class A or B common stock and do not expect to pay cash dividends in the foreseeable future, as it is our policy to retain earnings for use in the operation and expansion of our business. We did not purchase any of our equity securities during 2018, 2019 or 2020. December 31, 2020 | 10-K 35 Table of Contents CITIZENS, INC. PERFORMANCE COMPARISON The following graph compares the change in the Company’s cumulative total stockholder return on its Class A common stock over a five-year period. The following graph assumes a $100 investment on December 31, 2015, and reinvestment of all dividends in each of the Company’s common stock, the NYSE Composite and the NASDAQ Insurance Index. Note that historical stock price performance is not necessarily indicative of future stock price performance. 2015 2016 2017 2018 2019 2020 Citizens, Inc. $ 100.00 132.17 98.92 101.21 90.85 77.12 NYSE Composite $ 100.00 111.94 132.90 121.01 151.87 162.49 NASDAQ Insurance $ 100.00 120.29 135.28 122.28 159.58 165.14 Item 6. SELECTED FINANCIAL DATA Intentionally omitted. December 31, 2020 | 10-K 36 Table of Contents CITIZENS, INC.