Triton International Announces Quarterly Dividend of $0.5312 per Share

Triton International has declared a quarterly dividend of $0.5312 per share for its 8.50% Cumulative Redeemable Perpetual Preferred Series A shares (TRTN.PR.A). The ex-dividend date is set for September 8, with the payment to be made on September 15. Shareholders must have their stock registered by this date to receive the dividend. The forward yield based on the current price stands at approximately 8.17%, making it an attractive option for income-focused investors. The preferred shares continue to offer a stable return, especially in light of recent market volatility and weakness observed in historical earnings data.

By Urvi Shah, SA News Editor · Seeking Alpha ·

Triton International Announces Quarterly Dividend of $0.5312 per Share

Tickers: $TRTN PRA

Topics: dividends preferred stock

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