MoneyGram International is engaged in in cross-border peer-to-peer (P2P) payments and money transfers. In addition to money transfers, Co.'s offerings include bill payment services, money order services and official check processing. Co. manages its business primarily through two segments: Global Funds Transfer, which provides money transfer services and bill payment services primarily to unbanked and underbanked consumers; and Financial Paper Products, which provides money orders to consumers through its agents and financial institutions located throughout the United States and Puerto Rico and provides official check outsourcing services for financial institutions across the United States. The MGI stock yearly return is shown above.
The yearly return on the MGI 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 MGI annual return calculation with any dividends reinvested as applicable (on ex-dates).
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