In trading on Monday, shares of TRTN’s 7.375% Series C Cumulative Redeemable Preferred Shares (Symbol: TRTN.PRD) yielded above 7.5%, based on an annualized quarterly dividend of $1.7188. The shares traded as low as $22.85, reflecting a 6.72% discount to their liquidation preference amount, compared to an average discount of 7.05% in the “Business Services & Equipment” preferred stock category.
The 52-week performance of TRTN.PRD shows a low point of $19.76 per share and a high of $24.35, with the last trade recorded at $23.09. As of Monday, TRTN.PRD was down approximately 1% on the day.
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