Universal Stainless & Alloy Products and its subsidiaries manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel and certain other premium alloyed steels. Co.'s manufacturing process involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels. Co. also performs conversion services on materials supplied by customers. Co. produces a variety of specialty steel grades using several manufacturing processes including vacuum induction melting, vacuum-arc remelting, elecro-slag remelting and argon oxygen decarburization. The USAP stock yearly return is shown above.
The yearly return on the USAP stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2015 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 USAP annual return calculation with any dividends reinvested as applicable (on ex-dates).
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