ROCKY BRANDS, INC. 10-K

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.   Market Information   Our common stock trades on the NASDAQ Global Select Market under the symbol "RCKY."   As of February 28, 2023, there were  70 sh areholders of record of our common stock.   Dividends    In 2013, our Board of Directors approved a dividend policy pursuant to which the Company intends to continue paying comparable cash dividends on its common stock.   Share Repurchases  On March 8, 2021, we announced a $7,500,000 share repurchase program, which expired on March 4, 2022. There has not been an announcement for a new repurchase program since the prior program’s expiration in March 2022, and there have been no purchases of common stock since the repurchase program was expired and not renewed.   18 Table of Contents     Performance Graph     The following performance graph compares our cumulative shareholder return on our common shares  with the NASDAQ Composite Index and the Standard & Poor's Footwear Index, which is a published industry index. The comparison of the cumulative total return to shareholders for each of the periods assumes that $100 was invested in our common stock on December 31, 2017 and in the NASDAQ Stock Market (U.S.) Index and the Standard & Poor's Footwear Index and that all dividends were reinvested.  This comparison includes the period ended December 31, 2017 through the period ended December 31, 2022.       ITEM 6. [RESERVED]