STERIS is a provider of infection prevention and other procedural products and services. Co. has three business segments: Healthcare, which provides infection prevention and procedural products and services for healthcare providers worldwide, including consumable products, equipment maintenance and installation services, and capital equipment; Applied Sterilization Technologies, which provides contract sterilization and testing services for medical device and pharmaceutical manufacturers; and Life Sciences, which designs, manufactures and sells consumable products, equipment maintenance, other services and capital equipment primarily to pharmaceutical manufacturers around the world. The STE stock yearly return is shown above.
The yearly return on the STE stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 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 STE annual return calculation with any dividends reinvested as applicable (on ex-dates).
|