EuroDry is a holding company. Through its subsidiaries, Co. is engaged in the ocean transportation of dry bulk through ownership and operation of dry bulk ship-owning companies. Co. owns and operates drybulk carriers that transport primary bulks such as iron ore, coal and grains, and other bulks such as bauxite, phosphate and fertilizers. Co.'s fleet consists of Panamax drybulk carriers, Kamsarmax and Ultramax drybulk carrier. The EDRY average annual return since 2018 is shown above.
The Average Annual Return on the EDRY average annual return since 2018 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 EDRY average annual return since 2018 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 EDRY average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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