NOW is a holding company. Through its subsidiaries, Co. is a distributor to the oil and gas and industrial markets. Co.'s product offering includes consumable maintenance, repair and operating supplies, pipe, valves, fittings, flanges, gaskets, fasteners, electrical, instrumentation, artificial lift, pumping solutions, valve actuation and modular process, measurement and control equipment. Co. also provides procurement, warehouse and inventory management solutions as part of its supply chain and materials management offering. Co.'s solutions include outsourcing the functions of its customers' procurement, warehouse and inventory management, point of issue technology, and project management. The DNOW stock yearly return is shown above.
The yearly return on the DNOW stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 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 DNOW annual return calculation with any dividends reinvested as applicable (on ex-dates).
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