$TRTN Small-Cap Stocks with Dividends: Triton In
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Posted On: 05/05/2017 2:43:36 PM
$TRTN Small-Cap Stocks with Dividends: Triton International (TRTN)
Dividend Yield: 7.7%
Triton International Limited (NYSE:TRTN) is the world’s largest container-leasing company, spawned last year by a merger between Triton and TAL International. It leases dry freight containers, refrigerated containers, tank containers and other types of containers to shipping companies around the world.
Trading under the ticker symbol TRTN, the newly formed container-leasing behemoth has been on a tear since November (it came public last July). The stock has exactly doubled, from $11 to $22, since then, vaulting as high as $27 last month.
Triton pays a hefty 45-cent-per-quarter dividend, good for a yield of 7.7% at current prices. Who knows how sustainable that is, especially with earnings expected to retreat this quarter. But right now, the stock looks good, and the recent pullback presents a decent entry point.
Dividend Yield: 7.7%
Triton International Limited (NYSE:TRTN) is the world’s largest container-leasing company, spawned last year by a merger between Triton and TAL International. It leases dry freight containers, refrigerated containers, tank containers and other types of containers to shipping companies around the world.
Trading under the ticker symbol TRTN, the newly formed container-leasing behemoth has been on a tear since November (it came public last July). The stock has exactly doubled, from $11 to $22, since then, vaulting as high as $27 last month.
Triton pays a hefty 45-cent-per-quarter dividend, good for a yield of 7.7% at current prices. Who knows how sustainable that is, especially with earnings expected to retreat this quarter. But right now, the stock looks good, and the recent pullback presents a decent entry point.
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