AMREP is a holding company. Through its subsidiaries, Co. is primarily engaged in two business segments: land development and homebuilding. Co. provides for sale both developed and undeveloped lots to national, regional and local homebuilders, commercial and industrial property developers and others. Activities conducted or arranged by Co. include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and necessary storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. The AXR stock yearly return is shown above.
The yearly return on the AXR stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2017 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 AXR annual return calculation with any dividends reinvested as applicable (on ex-dates).
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