MICT is a holding company. Through its operating subsidiaries and variable interest entities, Co. is a financial technology company focusing on Chinese marketplace. Co. has built and/or, are in the process of building, various platforms to capitalize on business opportunities in a range of verticals and technology segments including stock trading and wealth management and insurance brokerage services. Co.'s subsidiary, GFH Intermediate Holdings Ltd., has built various platforms to capitalize on business opportunities in a range of verticals and technology segments, which include stock trading and wealth management, commodities in segments of oil and gas trading and insurance brokerage. 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 2022 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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