Textainer Group Holdings is a holding company. Through its subsidiaries, Co. purchases, manages, leases and resells a fleet of marine cargo containers. Co. manages and provides administrative support to the affiliated and unaffiliated third-party owners' (Container Investors) container fleets. Co. conducts its business activities in three main areas: Container Ownership, which consists of standard dry freight containers, but also includes refrigerated and other special-purpose containers; Container Management, which manages containers for and on behalf of the Container Investors; and Container Resale, which buys and subsequently resells containers (trading containers) from third parties. The TGH stock yearly return is shown above.
The yearly return on the TGH stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the TGH annual return calculation with any dividends reinvested as applicable (on ex-dates).
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