Michaels Companies is an arts and crafts retailer in North America, providing materials, project ideas and education for creative activities. Co. also operates a wholesale business under the Darice brand name and a custom framing business under the Artistree brand name. The Michaels store provides general crafts, home decor and seasonal, framing and papercrafting products. Co.'s Darice business provides a range of craft and hobby items. Co. also has online platforms including Michaels.com, Canada.Michaels.com, ConsumerCrafts.com, Darice.com, AaronBrothers.com (its online custom framing solution) and its Michaels app, which connects its store and online experiences. The MIK average annual return 10 years is shown above.
The Average Annual Return on the MIK average annual return 10 years 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 MIK average annual return 10 years 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 MIK 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!
