Socket Mobile is a provider of data capture and delivery solutions for mobile applications used in Retail, Commercial Services, Industrial and Manufacturing, Transportation and Logistics, and Health Care. Co.'s primary products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications technologies that connect over Bluetooth. All products work with applications running on smartphones, mobile computers and tablets using operating systems from Apple® (iOS), Google (Android) and Microsoft® (Windows®). Co. provides a software developer kit to application providers, which enables them to provide their consumers its barcode scanning features. The SCKT stock yearly return is shown above.
The yearly return on the SCKT 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 SCKT annual return calculation with any dividends reinvested as applicable (on ex-dates).
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