Tri-Continental (TY) Declares $0.3094 Quarterly Dividend; 4.7% Yield

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Go back to Tri-Continental (TY) Declares $0.3094 Quarterly Dividend; 4.7% Yield

Tri-Continental Corporation Declares Fourth Quarter Distribution

November 24, 2017 10:43 AM EST

BOSTON--(BUSINESS WIRE)-- Tri-Continental Corporation (the Corporation) (NYSE: TY) today declared a fourth quarter ordinary income distribution of $0.3094 per share of Common Stock and $0.6250 per share of Preferred Stock. In addition, the Corporation declared a capital gain distribution of $0.0950 per share of Common Stock. Distributions on Common Stock will be paid on December 29, 2017 to Common Stockholders of record on December 21, 2017 and dividends on Preferred Stock will be paid on January 2, 2018 to Preferred Stockholders of record on December 21, 2017. The ex-dividend date for both the Common Stock and the Preferred Stock is December 20, 2017. The $0.3094 per share ordinary income... More