|
Featured MNV Articles:
| Ex-Div Reminder for Textainer Group Holdings Series A Cumulative Reset Rate Preference SharesBy Preferred Stock Channel Staff, Tuesday, May 30, 1:32 PM ET
On 6/1/23, Textainer Group Holdings Ltd's Series A Cumulative Reset Rate Preference Shares (NYSE:TGH.PRA) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 6/15/23. As a percentage of TGH.PRA's recent share price of $23.17, this dividend works out to approximately 1.89%, so look for shares of TGH.PRA to trade 1.89% lower — all else being equal — when TGH.PRA shares open for trading on 6/1/23. On an annualized basis, the current yield is approximately 7.46%, which compares to an average yield of 9.21% in the "Transportation" preferred stock category, according to Preferred Stock Channel. As of last close, TGH.PRA was trading at a 6.16% discount to its liquidation preference amount. The chart below shows the one year performance of TGH.PRA shares, versus TGH:
Below is a dividend history chart for TGH.PRA, showing historical dividends prior to the most recent $0.4375 on Textainer Group Holdings Ltd's Series A Cumulative Reset Rate Preference Shares: Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Tuesday trading, Textainer Group Holdings Ltd's Series A Cumulative Reset Rate Preference Shares (NYSE:TGH.PRA) is currently down about 1.2% on the day, while the common shares (NYSE:TGH) are off about 0.3%.
This Article's Word Cloud:
Arial
Below
Channel
Cumulative
Dividend
Going
Group
Holdings
NYSE
Newsletter
Offer
Preference
Preferred
Premium
Rate
Receive
Reset
Series
Shares
Special
Start
Stock
Stocks
Textainer
Transportation
Tuesday
about
according
afterLeftLabels
afternoon
amount
annualized
approximately
average
axisColor
background
basis
beforeLeftLabels
being
below
chart
dividend
escape
fillColor
mdash
recent
shares
trade
trading
yield
|