Dividends

The following is the dividend activity for the three months ended June 30, 2015 and June 30, 2014:



	Three Months Ended				Six Months Ended
	June 30				June 30
	2015		2014		2015		2014
Dividends declared – per share	$	0.48	$	0.40	$	0.96	$	0.80
Dividends declared – aggregate	9,863		8,780		20,061		17,546
Dividends paid – per share	0.48		0.40		0.96		0.80
Dividends paid – aggregate	9,863		8,780		20,061		17,546

We are a holding company that does not conduct any business operations of our own. As a result, we are dependent upon cash dividends, distributions and other transfers from our subsidiaries, most directly Innophos, Inc., our primary operating subsidiary, and Innophos Investments Holdings, Inc., its parent, to make dividend payments on our Common Stock.