Nov. 26 at 1:08 PM
$TRTN has quietly returned
$407.6M of capital to Brookfield Infrastructure (
$BIPC) in Q3 in addition to paying
$39.3M common dividends. As a
$TRTN class B preferred shareholder, that doesn't feel too good.
I hope they don't keep doing these big payments and follow the method used by
$NFE to monetize Golar's equity after the acquisition. The
$GMLPF preferred shareholders are now holding a mostly empty bag