TRTN's Series F Preference Shares Crosses Above 8% Yield Territory

TRTN's 7.625% Series F perpetual preferred shares were yielding above 8% on Thursday, based on an annualized dividend of $1.9062, with intraday trading as low as $23.80. The note is a factual market update on the security's yield and price level, with no new company-specific catalyst or broader market implication.

Analysis

TRTN's 7.625% Series F perpetual preferred shares were yielding above 8% on Thursday, based on an annualized dividend of $1.9062, with intraday trading as low as $23.80. The note is a factual market update on the security's yield and price level, with no new company-specific catalyst or broader market implication.