Schmitt Industries is engaged in providing test and measurement products and services. Co. operates as one reportable segment: Measurement Segment. In the Measurement Segment, Co.'s measurement solutions support a range of industries through laser solution products, applications, and its tank monitoring products. These products and services include the Acuity and Xact product lines. Acuity sells products, solutions and services including laser and white light sensor distance, measurement and dimensional sizing products. Xact product line includes satellite focused remote tank monitoring products and related monitoring services for markets in the Internet of Things environment. The SMIT stock yearly return is shown above.
The yearly return on the SMIT stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2013 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 SMIT annual return calculation with any dividends reinvested as applicable (on ex-dates).
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