Textainer: A Strong Company With Favorable Prospects And A 5% Yield

While searching for a good dividend pick with fast growth, I stumbled upon this small company with a fast dividend growth, a high yield, a low payout ratio, great fundamentals and a great business model. This fulfills all my criteria for a company to be added into my dividend portfolio, as shown here. With this, I researched further, and found one hidden gem. This company is Textainer (TGH), the biggest owner of marine cargo, or intermodal containers.
Business Introduction & Background
Founded in 1979 and headquartered in Bermuda, Textainer owns, manages and leases of a fleet of marine cargo containers worldwide, also known as intermodals. Intermodals are metal boxes which one would normally see in the shipyard, stacked on top of one another. To get a better understanding, here is a picture: This is a Textainer intermodal. Looks familiar? Now, for more about its business model. Besides owning... Read more