Thursday, November 9, 2017

Triton International report Q3 results and declares dividend

Third Quarter and Recent Highlights:
  • Triton reported Net income attributable to shareholders of $57.2 million and Income before income taxes of $70.6 million for the third quarter of 2017.
  • Triton reported Adjusted pre-tax income of $73.0 million in the third quarter of 2017.
  • Average utilization was 97.6% for the third quarter of 2017.
  • Triton raised net proceeds of $192.9 million in September through the issuance of 6.15 million new common shares. The proceeds will be used for general corporate purposes including the purchase of containers.
  • Triton announced a quarterly dividend of $0.45 per share payable on December 22, 2017 to shareholders of record as of December 1, 2017.

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