Hisar (city) Hisar pronunciation (helpÂ·info) or Hissar, is the administrative headquarters of Hisar district of Hisar division in the state of Haryana in northwestern India.
It then calculates the cumulative return and the average return in three ways -- first the numeric average of the numbers you enter, and then the cumulative return divided by the number of years, and finally by taking the cumulative return and finding the single rate that would compound to that cumulative amount over your time period.
From 1991 to 2012, the simple average annual returns of dividend-paying stocks and the market were both 9.1 percent. During the same period, stocks not paying dividends had a simple average annual return of 11.1 percent, though the higher returns came with greater volatility.