Tri-Continental Corporation Declares First Quarter Distribution

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Tri-Continental (TY) Declares $0.205 Quarterly Dividend; 3.8% Yield

March 6, 2015 1:50 PM EST

Tri-Continental (NYSE: TY) declared a quarterly dividend of $0.205 per share, or $0.82 annualized.

The dividend will be payable on March 24, 2015, to stockholders of record on March 16, 2015, with an ex-dividend date of March 12, 2015.

The annual yield on the dividend is 3.8 percent.

For a dividend... More