Dryships is an international owner of drybulk carriers and offshore support vessels. As of Mar. 10, 2017, Co. owned a fleet of 13 Panamax drybulk carriers, which have a combined deadweight tonnage (dwt) of approx. 1.0 million dwt and an average age of approx. 13.5 years, one VLCC and one Aframax tanker newbuilding, 2 VLGC newbuildings, and six offshore supply vessels and four oil spill recovery vessels and have an average age of approx. 4.0 years. Co.'s drybulk carriers and offshore support vessels operate worldwide within the trading limits imposed by Co.'s insurance terms and do not operate in areas where United States, European Union or United Nations sanctions have been imposed. The DRYS average annual return 10 years is shown above.
The Average Annual Return on the DRYS average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether DRYS average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized 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 DRYS average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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