Triton International's Series D Preference Shares Yield Pushes Past 7.5%By Preferred Stock Channel Staff, Friday, December 8, 2:36 PM ETIn trading on Friday, shares of Triton International Limitedhares's 6.875% Ser D Cumul Redeemable Perp Preference Shares (NYSE:TRTN.PRE) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.4375), with shares changing hands as low as $18.87 on the day. This compares to an average yield of 15.39% in the "Business Services & Equipment" preferred stock category, according to Preferred Stock Channel. As of last close, TRTN.PRE was trading at a 22.40% discount to its liquidation preference amount, versus the average discount of 24.35% in the "Business Services & Equipment" category. The chart below shows the one year performance of TRTN.PRE shares, versus TRTN:
Below is a dividend history chart for TRTN.PRE, showing historical dividend payments on Triton International Limitedhares's 6.875% Ser D Cumul Redeemable Perp 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 Limitedhares's 6.875% Ser D Cumul Redeemable Perp Preference Shares (NYSE:TRTN.PRE) is currently down about 1.4% on the day, while the common shares (TRTN) are trading flat.
This Article's Word Cloud:
Arial
Below
Business
Channel
Cumul
Dividend
Equipment
Friday
International
Juicy
Limitedhares
More
NYSE
Newsletter
Offer
Perp
Preference
Preferred
Premium
Receive
Redeemable
Services
Shares
Special
Start
Stock
Stocks
TRTN
This
Triton
Where
Yields
about
above
according
afterLeftLabels
afternoon
amount
annualized
average
category
chart
discount
dividend
escape
fillColor
shares
trading
versus
with
|