Ocean Power Technologies is a marine power solutions provider that designs, manufactures, sells, and services its products while working with partners that provide payloads, integration services, and marine installation services. Co.'s solutions provide distributed offshore power along with communications for remote surface and subsea applications. Co. develops and commercializes its proprietary systems that generate electricity by harnessing the renewable energy of ocean waves for its PowerBuoy® and solar power for its hybrid PowerBuoy®. The PB3 PowerBuoy® uses proprietary technologies that convert the kinetic energy created by the heaving motion of ocean waves into electricity. The OPTT stock yearly return is shown above.
The yearly return on the OPTT 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 OPTT annual return calculation with any dividends reinvested as applicable (on ex-dates).
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