In trading on Tuesday, shares of Triton International Ltd’s 8.50% Series A Cumulative Redeemable Perpetual Preference Shares (Symbol: TRTN.PRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.125), with shares changing hands as low as $26.37 on the day. This compares to an average yield of 7.51% in the “Business Services & Equipment” preferred stock category, according to Preferred Stock Channel. As of last close, TRTN.PRA was trading at a 7.28% premium to its liquidation preference amount, versus the average premium of 5.89% in the “Business Services & Equipment” category.
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:
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In Tuesday trading, Triton International Ltd’s 8.50% Series A Cumulative Redeemable Perpetual Preference Shares (Symbol: TRTN.PRA) is currently up about 0.3% on the day, while the common shares (Symbol: TRTN) are off about 0.3%.
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