Triton International Limited (TRTN) Declares $0.52 Quarterly Dividend, 5.8% Yield; Announces New Max $200M Share Buyback Plan

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Triton International Reports Second Quarter 2018 Adjusted EPS of $1.10, Quarterly Dividend of $0.52 and $200 Million Share Repurchase Authorization

August 3, 2018 6:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Triton International Limited (NYSE: TRTN) ("Triton")

Second Quarter Highlights:

Triton reported net income attributable to shareholders of $104.9 million or $1.30 per diluted share, an increase of 30.0% per diluted share from the first quarter of 2018. Net income attributable to shareholders included a one-time gain of $21.0 million on the sale of a building. The gain on the building sale also led to an increase in our effective tax rate to 13% in the second quarter. Triton reported Adjusted net income of $88.9... More