Fonar is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilize MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions and injuries. Co.'s medical equipment segment is conducted directly through Co. and consists of its Fonar Upright® MRI, a weight-bearing whole-body open MRI system which enables positional MRI (pMRI®) applications. Co.'s physician management and diagnostic services is conducted through its subsidiary Health Management Corporation of America, which is a management company and performs services of a non-medical nature. The FONR stock yearly return is shown above.
The yearly return on the FONR stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 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 FONR annual return calculation with any dividends reinvested as applicable (on ex-dates).
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