TAL International (TAL) Declares $0.45 Quarterly Dividend; 11.3% Yield

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TAL International Group, Inc. Reports First Quarter 2016 Results

April 27, 2016 5:25 PM EDT

PURCHASE, N.Y.--(BUSINESS WIRE)--

TAL International Group, Inc. (NYSE: TAL), one of the worlds largest lessors of intermodal freight containers and chassis, today reported results for the first quarter ended March 31, 2016.

Highlights:

TAL reported Adjusted pre-tax income per fully diluted common share of $0.44 for the first quarter of 2016, a decrease of 64.2% from the first quarter of 2015. TAL reported leasing revenues of $149.2 million for the first quarter of 2016, an increase of 0.1% from the first quarter of 2015.... More