Modine Manufacturing engages in providing thermal management products and solutions to global markets and customers in an array of commercial, industrial, and building heating, ventilating, air conditioning, and refrigeration (HVAC&R) markets. In addition, Co. is a provider of heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer vehicular applications. Co.'s segments are: Climate Solutions, which sells HVAC & refrigeration products, and data center cooling solutions; and Performance Technologies, which designs and manufactures air- and liquid-cooled technology for vehicular, stationary power, and industrial applications. The MOD stock yearly return is shown above.
The yearly return on the MOD stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 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 MOD annual return calculation with any dividends reinvested as applicable (on ex-dates).
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