Triton International's Preferred Shares Offer An 8.3% Yield (With A Call Risk)
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Triton International's preferred shares offer an 8.3% yield and are well-covered despite the acquisition by Brookfield Infrastructure. The company has a strong dividend coverage ratio and a solid balance sheet, ensuring a buffer for preferred shareholders.
November 20, 2024 | 3:45 pm
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Triton International's preferred shares offer a high yield of 8.3% and are well-covered, with a strong dividend coverage ratio and a solid balance sheet, even after the acquisition by Brookfield Infrastructure.
The article highlights the strong financial position of Triton International's preferred shares, with a high dividend coverage ratio and a solid balance sheet. This suggests a positive outlook for the preferred shares, making them attractive to investors seeking yield. The acquisition by Brookfield Infrastructure does not negatively impact the preferred shares, further supporting a positive short-term impact.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90