Patriot Transportation Holding is a tank truck carrier. Co.'s business, conducted through its subsidiary, Florida Rock & Tank Lines, Inc., consists of hauling petroleum related products, dry bulk commodities and liquids. Co. operates terminals in Florida, Georgia, Alabama, and Tennessee. Co.'s main business consists of hauling liquid petroleum products (mostly gas and diesel fuel) from fuel storage facilities to its customers' retail outlets where it off-loads the product into its customers' fuel storage tanks for sale to the retail consumer. Co.'s business also consists of hauling dry bulk commodities such as cement, lime and various industrial powder products, water and liquid chemicals. The PATI average annual return since 2015 is shown above.
The Average Annual Return on the PATI average annual return since 2015 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 PATI average annual return since 2015 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 PATI average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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