Textainer Group Holdings (TGH) Declares $0.24 Quarterly Dividend; 4.7% Yield

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Go back to Textainer Group Holdings (TGH) Declares $0.24 Quarterly Dividend; 4.7% Yield

Textainer Group Holdings Limited Reports Third-Quarter Results and Declares Quarterly Dividend

November 3, 2015 9:02 AM EST

Board of Directors Authorizes Share Repurchase Program of Up to $100 million

HAMILTON, Bermuda--(BUSINESS WIRE)-- Textainer Group Holdings Limited (NYSE: TGH) (Textainer, the Company, we and our), the worlds largest lessor of intermodal containers based on fleet size, reported third-quarter 2015 results.

Financial and Business Highlights

Lease rental income of $128.3 million was flat year over year, excluding the $2.6 million of proceeds received from a settlement with a bankrupt lessee in the prior year quarter; Adjusted net income(1) of $17.7 million for the quarter, or $0.31 per diluted common... More