Todays Report: Today, Triton International Limited (trtn) to Issue Quarterly Dividend of $0.45 on December 22nd

Today, Triton International Limited (trtn) to Issue Quarterly Dividend of $0.45 on  December 22nd

Triton International Limited (NASDAQ:trtn) declared a quarterly dividend on Friday, November 11th. Stockholders of record on Friday, December 2nd will be paid a dividend of 0.45 per share on Thursday, December 22nd. This represents a $1.80 annualized dividend and a dividend yield of 8.51%. The ex-dividend date of this dividend is Wednesday, November 30th.

Triton International Limited (NASDAQ:TRTN) opened at 21.16 on Friday. The stock has a 50 day moving average of $14.19 and a 200 day moving average of $14.57. Triton International Limited has a 52 week low of $8.15 and a 52 week high of $21.34.

A number of brokerages have recently issued reports on TRTN. Zacks Investment Research cut shares of Triton International Limited from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Cowen and Company raised shares of Triton International Limited from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $17.00 to $23.00 in a research report on Tuesday. Finally, Bank of America Corp. raised shares of Triton International Limited from an “underperform” rating to a “buy” rating in a research report on Monday, November 14th.

In related news, Director Kenneth Hanau purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 16th. The stock was acquired at an average price of $17.24 per share, with a total value of $172,400.00. Following the completion of the purchase, the director now directly owns 29,225 shares in the company, valued at $503,839. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Malcolm Baker purchased 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was bought at an average cost of $21.23 per share, with a total value of $63,690.00. Following the purchase, the director now owns 38,025 shares of the company’s stock, valued at $807,270.75. The disclosure for this purchase can be found here.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS Asset Management Americas Inc. bought a new position in Triton International Limited during the third quarter worth approximately $186,000. American International Group Inc. acquired a new position in shares of Triton International Limited during the third quarter valued at approximately $252,000. New York State Common Retirement Fund acquired a new position in shares of Triton International Limited during the third quarter valued at approximately $512,000. Rhumbline Advisers acquired a new position in shares of Triton International Limited during the third quarter valued at approximately $547,000. Finally, Teachers Advisors LLC acquired a new position in shares of Triton International Limited during the third quarter valued at approximately $981,000.

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