Companhia Siderurgica Nacional is a steel producer in Brazil and Latin America. Co. operates throughout the entire steel production chain, from the mining of iron ore to the production and sale of a range of steel products. Co. divides its business into five segments: steel, which produces carbon steel; mining, which sells its iron ore products mainly in Asia, Europe and Brazil; cement, which is comprised of a cement plant in Volta Redonda, in the state of Rio de Janeiro, and in Arcos, in the state of Minas Gerais; logistics, which comprises railway and port facilities; and energy, which is comprised of generation plants. The SID stock yearly return is shown above.
The yearly return on the SID 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 SID annual return calculation with any dividends reinvested as applicable (on ex-dates).
|