Dividend-News

Daily dividend news for investors in dividend stocks


Tri-Continental Corporation Declares Fourth Quarter Distribution

Published November 23, 2018 10:00 AM EST on BusinessWire

Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a fourth quarter ordinary income distribution of $0.2515 per share of Common Stock and $0.6250 per share of Preferred Stock. In addition, the Corporation declared a total capital gain distribution of $0.7401 per share of Common Stock. This capital gains distribution consists of short-term capital gains of $0.1247 and long-term capital gains of $0.6154. Distributions on Common Stock will be paid on December 27, 2018 to Common Stockholders of record on December 19, 2018 and dividends on Preferred Stock will be paid on January 2, 2019 to Preferred Stockholders of record on December 19, 2018. The ex-dividend date for both the Common Stock and the Preferred Stock is December 18, 2018. The $0.2515 per share ordinary income distribution and the $0.7401 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 December 19, 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 Third Quarter Distribution
Tri-Continental Corporation Declares Second Quarter Distribution
Tri-Continental Corporation Declares First Quarter Distribution
Tri-Continental Corporation Declares Fourth Quarter Distribution

More