Triton International Announces Initial Dividend on Series F Preference Shares and Updates Dividend Dates on Series A-E Preference Shares

Rhea-AI Summary

Triton International has announced two key dividend updates. First, the Board declared an initial dividend of $0.20651 per share on its 7.625% Series F Cumulative Redeemable Perpetual Preference Shares. This dividend covers the period from February 6, 2025, to March 15, 2025, and will be paid to shareholders of record as of March 10, 2025.

Additionally, the company has revised the previously announced record and payment dates for March 2025 quarterly dividends on Series A-E Preference Shares. While the dividend amounts remain unchanged, payments will now be made on March 15, 2025 (next business day) to shareholders of record as of March 10, 2025, instead of the previously announced March 14 payment date and March 7 record date.

Positive

• Initial dividend established for Series F Preference Shares
• Dividend amounts for Series A-E Preference Shares remain unchanged

Negative

• None.

HAMILTON, Bermuda--(BUSINESS WIRE)-- February 14, 2025 – Triton International Limited (“Triton” or the “Company”) today announced that its Board of Directors has declared an initial dividend on its 7.625% Series F Cumulative Redeemable Perpetual Preference Shares (NYSE: TRTN PRF). The cash dividend of US$0.20651 per share, which has a payment date of March 15, 2025, will be payable on the next business day to holders of record at the close of business on March 10, 2025 and covers the period from and including February 6, 2025, to but excluding March 15, 2025.

Additionally, Triton is correcting the previously announced record date and payment date for the March 2025 quarterly dividends on its outstanding Series A-E Cumulative Redeemable Perpetual Preference Shares. The dividend amounts have not changed. The dividends, which have payment dates of March 15, 2025, will be payable on the next business day to shareholders of record as of the close of business on March 10, 2025, not payable on March 14, 2025 to shareholders of record on March 7, 2025, as previously reported in Triton’s press release dated January 28, 2025.

About Triton International Limited

Triton International Limited is the world’s largest lessor of intermodal freight containers. With a container fleet of approximately 7 million twenty-foot equivalent units (“TEU”), Triton’s global operations include acquisition, leasing, re-leasing and subsequent sale of multiple types of intermodal containers and chassis.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250213891123/en/

Jeremy Glick

VP, Treasurer

Tel: +1 (914) 697-2900

Email: jglick@trtn.com

Source: Triton International Limited

FAQ

What is the dividend amount for Triton's Series F Preference Shares (TRTN PRF)?

The initial dividend for Triton's Series F Preference Shares is $0.20651 per share.

When is the record date for Triton's March 2025 preference share dividends?

The record date for both Series F and Series A-E preference share dividends is March 10, 2025.

What is the payment date for Triton's March 2025 preference share dividends?

The payment date is March 15, 2025 (to be paid on the next business day).

What period does the Series F preference share dividend cover?

The dividend covers the period from February 6, 2025, to March 15, 2025.

What changes were made to Triton's previously announced Series A-E dividend dates?

The payment date was changed from March 14 to March 15, 2025, and the record date from March 7 to March 10, 2025.