Consumer Portfolio Service is finance company. Co.'s business is to purchase and service retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks and passenger vans. Through its automobile contract purchases, Co. provides indirect financing to the customers of dealers who have limited credit histories or past credit problems (sub-prime customers). In addition, Co. has acquired installment purchase contracts in various merger and acquisition transactions. Co. also provides financing directly to sub-prime consumers to facilitate their purchase of an automobile, light truck or passenger van. The CPSS stock yearly return is shown above.
The yearly return on the CPSS stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the CPSS annual return calculation with any dividends reinvested as applicable (on ex-dates).
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