Pro-Dex engages in the design, development, and manufacture of autoclavable, battery-powered and electric, multi-function surgical drivers and shavers used primarily in the orthopedic, thoracic, and maxocranial facial markets. Additionally, Co. provides engineering, quality, and regulatory consulting services to its customers. Co. also sells rotary air motors. Co.'s products are found in hospitals, medical engineering labs, scientific research facilities, and manufacturing operations. Co.'s medical device products are sold primarily to original equipment manufacturers and its air motors are sold primarily to a range of distributors and end users. The PDEX stock yearly return is shown above.
The yearly return on the PDEX stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 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 PDEX annual return calculation with any dividends reinvested as applicable (on ex-dates).
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