Tri-Continental (TY) Declares $0.2301 Quarterly Dividend; 3.4% Yield
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Tri-Continental Corporation Declares First Quarter Distribution
March 9, 2018 9:39 AM ESTBOSTON--(BUSINESS WIRE)-- Tri-Continental Corporation (the Corporation) (NYSE: TY) today declared a first quarter ordinary income distribution of $0.2301 per share of Common Stock and $0.6250 per share of Preferred Stock. Distributions on Common Stock will be paid on March 27, 2018 to Common Stockholders of record on March 19, 2018 and dividends on Preferred Stock will be paid on April 2, 2018 to Preferred Stockholders of record on March 19, 2018. The ex-dividend date for both the Common Stock and the Preferred Stock is March 16, 2018. The $0.2301 per share ordinary income distribution on the Common Stock is in accordance with the Corporations distribution policy.
The Corporation... More
