Triton International Ltd, known by the ticker symbol TRTN, is a mid cap rental and leasing company in the industrial business sector. This is my first report on TRTN for my Viital stock portfolio I recently reported on this company for my Vista portfolio (number 6) on August 16.

Triton International Ltd operates as a lessor of intermodal containers. It also leases chassis which are used for the transportation of containers. 

The company's 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 the revenue is generated from the Equipment leasing segment.

The company was founded in 1980 and is based in Hamilton, Bermuda.

Three key data points gauge any dividend equity or fund such as Triton International Ltd (TRTN):

(1) Price

(2) Dividends

(3) Returns

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

TRTN Price

Triton International Ltd's price per share was $62.19 as of Friday's market close. One year ago its price was $36.88. So, TRTN's share price soared about 68.6% in the past year.

If TRTN's stock trades in the range of $35 to $75.00 this next year, its recent $62.19 price could rise by $7.81 to reach $70.00 by November 1, 2022. My estimate is $5.00 less than the median of target price estimates from 4 analysts tracking TRTN for brokerage houses.  

TRTN Dividends

Triton International's most recently announced quarterly dividend of  $0.65 will pay out on December 23rd, to shareholders. The compounded annual payout of $2.60 yields 4.18% based on Friday's $14.76 closing price. TRTN has paid quarterly dividends increasing generally annually since June 2017: That is 4 years of payouts. 

TRTN Returns

Adding the $2.60 annual estimated TRTN forward-looking dividend to my $7.24 price upside estimate shows a $9.84 potential gross gain, per share, to be reduced by any costs to trade TRTN shares.  

At Friday's $62.19 price per share, a little under $1000 would buy 16 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.63 per share.

Subtract that maybe $0.63 brokerage cost from my estimated $9.84 gross gain per share results in a net gain of $9.21 X 16 shares = $147.36 for a 14.74% net gain on a $995.04 investment.

So it is that Triton International Ltd (TRTN) shows a possible 14.74% net gain including a 4.18% forward estimated dividend yield. 

Over the next year at this time, a $1000 investment in Triton International Ltd (TRTN) could generate $41.80 in cash dividends alone. Note that a single share bought at yesterday's closing price was $62.19! Thus, Triton International's share price is about 49% more than the dividend income from $1000.00 invested. Thus, according to my dogcatcher ideal, now is NOT the time to pickup TRTN shares. The estimated next year's dividend from $1k invested is nearly 50 below the single share price. Wait for Triton International's price to drop to $51 or less. Consider yourself alerted. It's a sign! 

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 market value.