International Money Express is an omnichannel money remittance services company focused primarily on the U.S. to Latin America and the Caribbean corridor. Co. also allows remittances to Africa and Asia from the U.S. as well as from Canada to Latin America and Africa. Co. utilizes its proprietary technology to deliver services to consumers through a network of sending and paying agents. Co.'s services are accessible through independent sending and paying agents and Co.-operated stores, as well as online and via Internet-enabled mobile devices. Additionally, Co.'s product and service portfolio include online payment options, pre-paid debit cards and direct deposit payroll cards. The IMXI average annual return since 2017 is shown above.
The Average Annual Return on the IMXI average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether IMXI average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the IMXI average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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Video: Don't Forget Dividends in Average Annual Return!
