Added 52 shares of TAL International (NYSE:TAL) at $10.25 per share. I now hold 96 shares of TAL. This purchase brings my average purchase price down to $17.36 per share and yield on cost was raised to 10.47%.
TAL International cut dividends at the end of last year, but yield is still very good and I have trust that current level of dividends is going to hold. Small risk is that TAL International is planning a merge with Triton Container International and the effects on the dividend after the merge are uncertain at the moment.
TAL International cut dividends at the end of last year, but yield is still very good and I have trust that current level of dividends is going to hold. Small risk is that TAL International is planning a merge with Triton Container International and the effects on the dividend after the merge are uncertain at the moment.
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