TRTN Stock Recent News

HAMILTON, Bermuda--(BUSINESS WIRE)--August 15, 2025-- GCI Funding I LLC (“GCI Funding”) today announced that, in connection with the acquisition on July 1, 2025 of GCI Funding and certain of its affiliates by Triton Container International Limited (“TCIL”), a wholly-owned subsidiary of Triton International Limited (“Triton”), GCI Funding has successfully completed its previously announced consent solicitation (the “Consent Solicitation”) to amend certain agreements (the “Note Agreements”) relat.

HAMILTON, Bermuda--(BUSINESS WIRE)--August 6, 2025-- GCI Funding I LLC (“GCI Funding”) today announced that, in connection with the acquisition on July 1, 2025 of GCI Funding and certain of its affiliates by Triton Container International Limited (“TCIL”), a wholly-owned subsidiary of Triton International Limited (“Triton”), GCI Funding has commenced a consent solicitation (the “Consent Solicitation”) to amend certain agreements (the “Note Agreements”) relating to its prior issuance of fixed ra.

Triton's preferred shares remain attractive post-acquisition, with strong earnings and cash flow supporting robust dividend coverage. Recent joint ventures reduced revenue but helped to improve operating income, and preferred dividends are well covered by both profit and cash flow. Distributions to Brookfield are now more reasonable, alleviating concerns about excessive parent company payouts impacting preferred shareholders.

HAMILTON, Bermuda--(BUSINESS WIRE)--July 29, 2025-- Triton International Limited ("Triton") today announced that the Board of Directors has declared a cash dividend payable on September 15, 2025 to holders of record at the close of business on September 8, 2025 on Triton's issued and outstanding preference shares as follows: Preference Share Series   Dividend Rate   Dividend Per Share Series A Preference Shares (NYSE:TRTNPRA)   8.500%   $0.5312500 Series B Preference Shares (NYSE:TRTNPRB)   8.0.

HAMILTON, Bermuda--(BUSINESS WIRE)--July 1, 2025 -- Triton International Limited (“Triton” or the “Company”) today announced that it has completed its previously announced acquisition of Global Container International LLC (“GCI”). GCI operates a container fleet of approximately half a million TEU and its customers include many of the world's largest shipping lines. Brian Sondey, Triton's Chief Executive Officer commented, “We are pleased to complete this transaction and integrate GCI's compleme.

Triton International's Q1 results remain robust, with strong profitability and preferred dividends well-covered by net income and free cash flow. The company issued a new Series F preferred, now trading at a discount and offering an appealing 7.95% yield for income-focused investors. Despite a decrease in common equity cushion due to a special vehicle sale, overall balance sheet risk for preferred holders remains manageable.

Triton International's strong cash flows and low preferred dividend payout ratio are encouraging, but significant cash distributions to Brookfield Infrastructure warrant close monitoring. The issuance of new Series F preferred shares increases preferred equity to nearly 30% of total equity, potentially impacting the safety of existing preferred shares. Despite governance risks post-acquisition by Brookfield, Triton's preferred shares offer a well-covered 8%+ dividend yield, making them an attractive income investment.

HAMILTON, Bermuda--(BUSINESS WIRE)--April 2, 2025-- Triton International Limited (“Triton” or the “Company”) today announced a strategic long-term partnership with Sumitomo Mitsui Finance and Leasing Company, Limited (“SMFL”). As part of this transaction, SMFL has acquired a minority stake in Triton Container Finance VIII LLC, one of Triton's leased container portfolios, and will have the option to invest in additional Triton assets over time. Brian Sondey, Triton's Chief Executive Officer comm.

HAMILTON, Bermuda--(BUSINESS WIRE)--March 10, 2025 – Triton International Limited (“Triton” or the “Company”) today announced that it has entered into an agreement to acquire Global Container International LLC (“GCI”). The transaction is subject to customary closing conditions, including regulatory approval, and is expected to close during the first half of 2025. Established in 2018 by a team of experienced container industry executives in partnership with investment vehicles managed by Wafra I.

Triton International Ltd.'s 7.625% Series F Cumulative Preferred Shares, which trade at $24.78, offer a 7.69% current yield and an 8.13% yield to call. Despite the significant leverage in its capital structure, the company's net income provides a sufficient buffer for preferred dividends and interest payments. TRTN-F is fairly priced among Triton's other preferred stocks and does not stand out in sector and broader market comparisons.