5 Best Dividend Stocks to Buy in 2022

2. Triton International Limited (NYSE:TRTN)

Dividend Yield as of July 21: 4.52%

Triton International Limited (NYSE:TRTN) specializes in the acquisition, leasing, and re-leasing of various types of intermodal containers. In addition to this, the company also operates in equipment trading.

At the end of 2021, Triton International Limited (NYSE:TRTN) resumed its shares buyback program and repurchased over 3.3 million shares during the first quarter of 2022. The company paid roughly $42 million in dividends to shareholders during Q1, up from $38.1 million during the same period last year. Triton International Limited (NYSE:TRTN) pays a quarterly dividend of $0.65 per share, with a dividend yield of 4.52%, as recorded on July 21. Due to the company’s payout ratio of 25%, its dividend growth is likely to remain strong in the upcoming quarters.

According to Insider Monkey’s Q1 2022 database, 17 hedge funds owned stakes in Triton International Limited (NYSE:TRTN), worth $303.8 million. In comparison, 21 hedge funds owned positions in the company in the previous quarter, with stakes valued at $254.2 million.