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 stock yearly return is shown above.
The yearly return on the MIK stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 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 MIK annual return calculation with any dividends reinvested as applicable (on ex-dates).
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