MICT, through an Israel-based subsidiary, Micronet Ltd. (Micronet), operates in the commercial Mobile Resource Management market. Micronet designs, develops, manufactures and sells rugged mobile computing devices that provide fleet operators and field workforces with computing solutions in various work environments. Through its SmartHub product, Micronet provides services such as driver recognition, identifying and preventing driver fatigue, recognizing driver behavior, preventive maintenance, fuel efficiency and a driver assistance system. In addition, Micronet provides third party telematics service providers, a platform to provide services such as Hours of Service. The MICT stock yearly return is shown above.
The yearly return on the MICT stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2013 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 MICT annual return calculation with any dividends reinvested as applicable (on ex-dates).
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