Motorcar Parts of America is a supplier of automotive aftermarket non-discretionary replacement parts and test solutions and diagnostic equipment. Co.'s segments are: Hard Parts, which includes light duty rotating electric products such as alternators and starters, wheel hub products, brake-related products, brake master cylinders, and turbochargers; Test Solutions and Diagnostic Equipment, which includes applications for combustion engine vehicles and diagnostic equipment for the pre- and post-production of electric vehicles; and Heavy Duty, which includes non-discretionary automotive aftermarket replacement hard parts for heavy-duty truck, industrial, and agricultural applications. The MPAA stock yearly return is shown above.
The yearly return on the MPAA 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 MPAA annual return calculation with any dividends reinvested as applicable (on ex-dates).
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