Triton International's Series A Preference Shares Cross 7.5% Yield MarkBy Preferred Stock Channel Staff, Friday, March 5, 2:19 PM ETIn trading on Friday, shares of Triton International Ltd's 8.50% Series A Cumulative Redeemable Perpetual Preference Shares (NYSE:TRTN.PRA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.125), with shares changing hands as low as $27.66 on the day. This compares to an average yield of 7.71% in the "Business Services & Equipment" preferred stock category, according to Preferred Stock Channel. As of last close, TRTN.PRA was trading at a 15.80% premium to its liquidation preference amount, versus the average premium of 7.61% in the "Business Services & Equipment" category. The chart below shows the one year performance of TRTN.PRA shares, versus TRTN:
Below is a dividend history chart for TRTN.PRA, showing historical dividend payments on Triton International Ltd's 8.50% Series A Cumulative Redeemable Perpetual Preference Shares:
Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter In Friday trading, Triton International Ltd's 8.50% Series A Cumulative Redeemable Perpetual Preference Shares (NYSE:TRTN.PRA) is currently off about 2.2% on the day, while the common shares (TRTN) are up about 0.5%.
This Article's Word Cloud:
Arial
Below
Business
Channel
Cumulative
Dividend
Equipment
Friday
International
Juicy
More
NYSE
Newsletter
Offer
Perpetual
Preference
Preferred
Premium
Receive
Redeemable
Series
Services
Shares
Special
Start
Stock
Stocks
TRTN
This
Triton
Where
Yields
about
above
according
afterLeftLabels
afternoon
amount
annualized
average
category
chart
dividend
escape
fillColor
premium
shares
trading
versus
with
|