Tri-Continental (TY) Declares $0.2507 Quarterly Dividend; 4.3% Yield
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Tri-Continental Corporation Declares First Quarter Distribution
March 10, 2017 9:45 AM ESTBOSTON--(BUSINESS WIRE)-- Tri-Continental Corporation (the Corporation) (NYSE: TY) today declared a first quarter distribution of $0.2507 per share of Common Stock and $0.6250 per share of Preferred Stock. Dividends on Common Stock will be paid on March 28, 2017 to Common Stockholders of record on March 20, 2017 and dividends on Preferred Stock will be paid on April 3, 2017 to Preferred Stockholders of record on March 20, 2017. The ex-dividend date for both the Common Stock and the Preferred Stock is March 16, 2017. The $0.2507 per share dividend on the Common Stock is in accordance with the Corporations earned distribution policy.
The Corporation has paid... More
