LM Funding America is a finance company that provides funding to nonprofit community associations. Co. provides incorporated nonprofit community associations (Associations) a variety of financial products customized to each Association's financial needs. Co.'s original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts. Co. provides funding against such delinquent accounts (Accounts), in exchange for a portion of the proceeds from the account debtors on the Accounts. Co. has started purchasing Accounts on varying terms tailored to suit each Association's financial needs, including under its New Neighbor Guaranty program. The LMFA stock yearly return is shown above.
The yearly return on the LMFA stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 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 LMFA annual return calculation with any dividends reinvested as applicable (on ex-dates).
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