Become A Wiser, More Profitable Investor

Textainer Group Holdings: I Own The 7%+ Yielding Preferred Shares

investing

Textainer Group Holdings (NYSE:TGH) is one of the largest container lessors in the world, and as most of its lease agreements have multi-year terms, the earnings visibility is pretty good. The average remaining lease tenor is approximately 6 years which means Textainer has a pretty good idea of the cash flows coming in over the next decade or so. And unless some of its lessees are going bankrupt, I am confident in Textainer's ability to manage the current fleet.

seekingalpha.com     Apr 15, 2023