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Tri-Continental Corporation Declares Second Quarter Distribution

Published May 24, 2019 12:03 PM EDT on BusinessWire

Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a second quarter ordinary income distribution of $0.2650 per share of Common Stock and $0.6250 per share of Preferred Stock. In addition, the Corporation declared a long-term capital gain distribution of $0.1065 per share of Common Stock. Distributions on Common Stock will be paid on June 27, 2019 to Common Stockholders of record on June 19, 2019 and dividends on Preferred Stock will be paid on July 1, 2019 to Preferred Stockholders of record on June 19, 2019. The ex-dividend date for both the Common Stock and the Preferred Stock is June 18, 2019. The $0.2650 per share ordinary income distribution and the $0.1065 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 19, 2019 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  


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