Great Ajax is a holding company. Through its operating partnership, Great Ajax Operating Partnership L.P., and its subsidiaries, Co. is engaged in real estate investment trust. Co. primarily targets acquisitions of re-performing loans, including residential mortgage loans and small balance commercial loans. Additionally, Co. may invest in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio or through a direct acquisition. Co. may also target investments in non-performing loans. Co. operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The AJX stock yearly return is shown above.
The yearly return on the AJX stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 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 AJX annual return calculation with any dividends reinvested as applicable (on ex-dates).
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