Miller Industries is a Manufacturer of Towing and Recovery Equipment®. Co. manufactures the bodies of wreckers and car carriers, which are installed on truck chassis manufactured by third parties. Co. purchases the truck chassis for integration with its towing and recovery equipment and resale to its customers. Co.'s products are sold through independent distributors that serve various states, Canada and Mexico, and other markets including Europe, the Pacific Rim, the Middle East, South America and Africa, and through prime contractors to governmental entities. Co. also manufactures vehicle transport trailers. In addition, Co.'s independent distributors provide them with parts and service. The MLR stock yearly return is shown above.
The yearly return on the MLR stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 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 MLR annual return calculation with any dividends reinvested as applicable (on ex-dates).
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