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home / news releases / TGH - Textainer: The New 7% Preferred Share Issue Is Very Attractive

TGH - Textainer: The New 7% Preferred Share Issue Is Very Attractive

Textainer Group Holdings Limited
  • Textainer is a major container lessor, owning a fleet of 2.4 million containers for a TEU exceeding 3 million.
  • Rather than buying the common shares, I'm charmed by the very recent issue of the 7% preferred shares.
  • With a preferred dividend coverage of almost 700% based on the FY2020 results, I think the risk/reward ratio is very favorable.

For further details see:

Textainer: The New 7% Preferred Share Issue Is Very Attractive
Stock Information
Company Name: Textainer Group Holdings Limited
Stock Symbol: TGH
Market: NYSE
Website: textainer.com
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