Dividend-News

Daily dividend news for investors in dividend stocks


Tri-Continental Corporation Declares Second Quarter Distribution

Published May 25, 2018 11:09 AM EDT on BusinessWire

Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a second quarter ordinary income distribution of $0.2236 per share of Common Stock and $0.6250 per share of Preferred Stock. In addition, the Corporation declared a capital gain distribution of $0.2295 per share of Common Stock. Distributions on Common Stock will be paid on June 28, 2018 to Common Stockholders of record on June 20, 2018 and dividends on Preferred Stock will be paid on July 2, 2018 to Preferred Stockholders of record on June 20, 2018. The ex-dividend date for both the Common Stock and the Preferred Stock is June 19, 2018. The $0.2236 per share ordinary income distribution and the $0.2295 per share capital gain distribution on the Common Stock is in accordance with the Corporation’s distribution policy. The capital gain distribution, being a special distribution, will be paid in stock except that any stockholder of record as of June 20, 2018, may elect to receive such distribution as follows: 75% in shares and 25% in cash; 50% in shares and 50% in cash; or 100% in cash.... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
TRI-CONTINENTAL 27.47   0.0 0.00 1.26 3.68

TRI-CONTINENTAL - TY
TRI-CONTINENTAL - TY  


Older articles featuring Tri-continental (TY):
Tri-Continental Corporation Declares Second Quarter Distribution
Tri-Continental Corporation Declares First Quarter Distribution
Tri-Continental Corporation Declares Fourth Quarter Distribution
Tri-Continental Corporation Declares Third Quarter Distribution
Tri-Continental Corporation Declares Second Quarter Distribution
Tri-Continental Corporation Declares First Quarter Distribution
Tri-Continental Corporation Declares Fourth Quarter Distribution
Tri-Continental Corporation Declares Third Quarter Distribution
Tri-Continental Corporation Declares First Quarter Distribution
Tri-Continental Corporation Declares Fourth Quarter Distribution

More