Triton International Limited (TRTN) Raises Quarterly Dividend 14% to $0.65; 4.4% Yield
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Triton International Reports Third Quarter 2021 Results and Raises Quarterly Dividend
October 26, 2021 6:30 AM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- October 26, 2021 Triton International Limited (NYSE: TRTN) ("Triton")
Highlights:
Net income attributable to common shareholders for the three months ended September 30, 2021 was $123.0 million or $1.83 per diluted share, which includes $42.7 million of make-whole and other debt termination costs primarily related to the prepayment of $648.9 million of senior secured institutional notes. Adjusted net income was $163.8 million or $2.43 per diluted share, an increase of 113.2% from the third quarter of 2020 and 13.6% from the second quarter of 2021. Trade volumes remained strong in the... More