Casey Hoerth
Long only, long-term horizon, growth at reasonable price, dividend investing

Use Textainer's 5.2% Yield To Build Income Now

Textainer Group Holdings (NYSE:TGH) purchases, manages, leases and resells a fleet of intermodal freight containers. You may have seen their container freight boxes while driving or at any seaport. Their total fleet has been increasing dramatically. It is now over 1.6 million containers representing over 2.4 million twenty-foot equivalent units (NYSE:TEU). Textainer has three segments: Container Ownership, Container Management and finally Container Resale. Textainer makes its money by leasing out its intermodal containers to shippers or by managing those owned by the shippers. Once the container has reached the end of its useful life, it is sold to other parties and often used for static storage. Although they are the largest independent lessor and manager...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details