Great Lakes Dredge & Dock is a provider of dredging services. Co. provides dredging services in the East, West, and Gulf Coasts of the U.S. and worldwide. Co. operates in one operating segment, which is also Co.'s sole reportable segment and reporting unit. Dredging generally involves the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Domestically, Co.'s work generally is performed in coastal waterways and deep water ports. The U.S. dredging market consists of the following primary types of work: capital, coastal protection, maintenance, foreign and rivers and lakes. The GLDD stock yearly return is shown above.
The yearly return on the GLDD stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2014 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 GLDD annual return calculation with any dividends reinvested as applicable (on ex-dates).
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