Nicholas Financial is a holding company. Through its subsidiary, Nicholas Financial, Inc. (Nicholas Financial), Co. is a consumer finance company engaged primarily in acquiring and servicing automobile finance installment contracts (Contracts) for purchases of used and new automobiles and light trucks. Additionally, Nicholas Financial originates direct consumer loans and sells consumer-finance related products. Co.'s other subsidiary, Nicholas Data Services, Inc., serves as the intermediate holding company for Nicholas Financial. Co. is willing to purchase Contracts for purchases made by borrowers who do not have a good credit history and for older model and high-mileage automobiles. The NICK stock yearly return is shown above.
The yearly return on the NICK stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 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 NICK annual return calculation with any dividends reinvested as applicable (on ex-dates).
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