| Universal Display is engaged in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in displays and lighting applications. Co. manufactures and sells its proprietary OLED materials to customers for evaluation and use in commercial OLED products. Co. also enters into agreements with manufacturers of OLED display and lighting products under which Co. grants them licenses to practice under Co.'s patents and to use Co.'s proprietary know-how. At the same time, Co. works with these and other companies that are evaluating Co.'s OLED technologies and materials for possible use in commercial OLED display and lighting products. The OLED YTD return is shown above.
The YTD Return on the OLED YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether OLED YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD 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 OLED YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.