Source: Unsplash 

Triton International Ltd is known by the trading ticker symbol, TRTN. It is listed in the Industrials sector as a Rental and Leasing Service. This is my second report on Triton International for my Vista stock Portfolio most recently I discussed this company on June 13th.

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 two operating segments are Equipment leasing and Equipment trading. The majority of the revenue is generated from the Equipment leasing segment.

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. 

As of December 31, 2020, its total fleet consisted of 3.7 million containers and chassis representing 6.2 million twenty-foot equivalent units or 7.0 million cost equivalent units.

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

Three key data points gauge dividend equities or funds like Triton International Ltd:

(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's price per share was $53.23 as of yesterday's market close. One year ago its price was $34.00. So TRTN's share price has increased nearly 57% in the past year. 

If Triton International stock trades in the range of $34.00 to $70.00 this next year, its recent $53.33 price might rise by $11.77 to reach $65.00 by August 18, 2022. My estimate is $2.75 under the median of four target estimates from brokerage analysts.

TRTN Dividends

Triton's next regular quarterly dividend payout of  $0.57  is due September 23. The annual payout of $2.28 yields 4.28% based on yesterday's $53.23 closing price. TRTN has paid quarterly dividends for 5 years increasing annually.

TRTN Returns

Adding the $2.28 annual TRTN forward-looking dividend to my $11.77 price upside estimate shows a $14.05 potential gross gain, per share, to be reduced by any costs to trade TRTN shares.  

At yesterday's $53.23 price per share, a little over $1000 would buy 19 shares.

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

Subtract that maybe $0.53 brokerage cost from my estimated $14.05 gross gain per share results in a net gain of $13.52 X 19 shares = $256.88 for a 25.5% net gain on a $1,011.37 investment.

So it is that Triton International Inc shows a possible 25.5% net gain including a 4.28% forward estimated dividend yield. 

Over the next year at this time, a $1000 investment in Triton International Ltd could generate $42.80 in cash dividends alone. And a single share bought at yesterday's closing price was $53.23! Thus, the TRTN share price is now $10 greater than the dividend income from $1K invested. So, according to my dividend dogcatcher ideal, this is not the time to pick up Triton International shares because the dividend from $1k invested lags the single share price by a Wait to buy TRTN on a dip to $47. Consider yourself alerted. 

All of the estimates above are speculation based on the past history of Triton International Ltd. Only time and money invested in this stock will determine its market value.