Triton International Limited (TRTN) Raises Quarterly Dividend 15.6% to $0.52; 6.3% Yield
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Triton International Reports First Quarter 2018 Adjusted EPS of $0.99 and Increases the Quarterly Dividend $0.07 to $0.52
May 4, 2018 6:30 AM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Triton International Limited (NYSE: TRTN) ("Triton")
First Quarter Highlights:
Triton reported Net income attributable to shareholders of $80.9 million. Triton reported Adjusted net income of $79.8 million or $0.99 per diluted share. Container pick-up activity was solid and drop-offs were exceptionally low leading to average utilization of 98.6% for the first quarter of 2018. Triton announced a quarterly dividend of $0.52 per share payable on June 22, 2018 to shareholders of record as of June 1, 2018.Financial ResultsThe following table summarizes Tritons selected key financial information for the three months ended March 31, 2018, December 31, 2017 and March 31, 2017.
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