Remitly Global is a holding company. Through its subsidiaries, Co. is engaged in digital financial services for immigrants who working aboard. Co. provides financial services to immigrants, including helping customers to send money, savings, credit, investments and insurance products by using digital channels via mobile app or the web. The RELY stock yearly return is shown above.
The yearly return on the RELY 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 RELY annual return calculation with any dividends reinvested as applicable (on ex-dates).
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