Triton International Ltd goes by the ticker symbol TRTN and is in the industrials business sector as a rental and leasing services concern. This is my first ever report on Triton International Ltd for this Vista folio, although I did report on it for one of my previous collections.

Triton International Ltd operates as a lessor of intermodal containers. It also leases chassis which are used for the transportation of containers. The company was founded in 1980 and is based in Hamilton, Bermuda.

The operating segments are Equipment leasing and Equipment trading. It has a presence in Asia, Europe, America, Bermuda, and Other countries. The company leases equipment such as Dry freight, Refrigerated, Special, Chassis, and Tank containers. The majority of its revenue is generated from the Equipment leasing segment.

Three key data points gauge dividend equities or funds like Triton International Ltd (TRTN): Price, Dividends, and Returns.

Those three basic keys best tell whether any company has made, is making, and will make money. 

TRTN Price

Triton's price per share closed at $51.12 Friday. One year ago its price was $30.55.  Thus, price per share grew over 67% over the past year as it recovered from Covid economic doldrums. 

Should TRTN's stock trade in the range of $30 to $65.00 this next year, its recent $51.12 price might rise by $8.88 to reach $60.00 by June 14, 2022. My estimate is $7.75 below the median of annual price estimates by four analysts covering TRTN.

TRTN Dividends

Triton's most recent quarterly dividend payout of $0.57 is payable June 24th and equates to $2.28 annually which will yield 4.46% based on Friday's $51.12 closing price. TRTN has paid quarterly dividends increasing annually since 2016 (5 years.)

TRTN Returns

Adding the $2.28 annual Triton International Ltd forward looking dividend to my $8.88 price upside estimate shows a $11.16 potential gross gain, per share, to be reduced by any costs to trade TRTN.  At yesterday's $52.12 price per share, we'd buy 19 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.53 per share.

Subtract that maybe $0.53 brokerage cost from my estimated $11.16 gross gain per share results in a net gain of $10.66 X 19 shares = $202.54 for a 20.25% net gain on a $971.28 investment.

So it is that Triton International Ltd shows a possible 20.25% net gain including a 4.46% forward estimated dividend yield. 

Over the next year at this time a $1000 investment in TRTN would generate $44.60 in cash dividends. And a single share bought at Friday's closing price was $51.12! So, if TRTN is your kind of rental and leasing services business, the Triton International Ltd share price is $6.52 higher than the expected annual dividend income from $1,000 invested. This suggests a pull back in price to about $48 would signal the  time to add Triton International Ltd (TRTN) to your stock holdings. Be sure to buy before the price exceeds the dividend income from $1K invested like it does now.

All of the estimates above are speculation based on the past history of Triton International Ltd (TRTN) . Only time and money invested in this stock will determine its true worth.