RigNet a global technology company that provides customized data and communications services. Co.'s segments are: Managed Communications Services, which provides remote communications, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites; Applications and Internet-of-Things, which provides applications over-the-top of the network layer including Software as a Service offerings such as a real-time machine learning and AI data platform, Cyphre® Encryption, and cybersecurity services; and Systems Integration, which provides design and implementation services for customer telecommunications systems. The RNET average annual return 10 years is shown above.
The Average Annual Return on the RNET average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether RNET average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the RNET average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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