Coda Octopus Group is a holding company. Through its subsidiaries, Co. operates the Marine Technology Business (Products Segment) and the Marine Engineering Business (Services Segment). Co.'s Products Segment is a technology solution provider to the subsea and underwater market and it designs, develops and manufactures solutions for this market (both for commercial and defense applications) including its range of volumetric real time sonar solutions. Co.'s Service Segment is a supplier of engineering services and embedded solutions (such as mission computers) to defense contractors. The items supplied into the defense market are sub-systems in integrated systems. The CODA stock yearly return is shown above.
The yearly return on the CODA stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 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 CODA annual return calculation with any dividends reinvested as applicable (on ex-dates).
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