Tal International Group, Inc. (TAL) Declares $0.72 Quarterly Dividend; Approves 3M Share Buyback

Tal International Group, Inc. (NYSE: TAL) declared a quarterly dividend of $0.72 per share, or $2.88 annualized.

The dividend will be payable on March 24, 2015, to stockholders of record on March 3, 2015, with an ex-dividend date of February 27, 2015.

The annual yield on the dividend is 7 percent.

On February 11, 2015, TAL's Board of Directors authorized a new share repurchase program of up to 3 million of its outstanding shares. These shares augment the remaining 88,157 shares authorized for purchase under TAL's existing stock repurchase program. Repurchases will be made in the future at TAL's discretion, based on ongoing assessments of the capital needs of the business, the market price of TAL's common stock and general market and other conditions. No time limit was set for the completion of the repurchase program.

For a dividend history and other dividend-related data on Tal International Group, Inc. (TAL) click here.

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