Textainer is facing difficult times. Rental rates are historically low and renewing long term leases at lower prices puts a dent in revenues. Textainer should be able to maintain their dividend, unless something dramatic and unforeseen happens. Read the rest of the article on Seeking Alpha!
Hey Robin,
ReplyDeleteThanks for sharing.
Textainer has been on my watch list for a while, because the dividend yield has been undeniable high for quite some time now, but I haven't pulled the trigger yet. Mostly because there are a lot of good, safer options to buy for a fair price.
Best wishes, DfS
Hi DfS, thanks for taking the time to leave your thoughts here. What kind of options are you referring to?
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