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Tri-Continental Corp ( (TY) ) has shared an update.
On September 5, 2025, Tri-Continental Corporation declared a third quarter distribution of $0.2654 per share for Common Stock and $0.6250 per share for Preferred Stock. The distributions will be paid on September 24, 2025, for Common Stockholders and on October 1, 2025, for Preferred Stockholders, both with a record date of September 16, 2025. The announcement highlights the corporation’s consistent dividend payments and outlines various risks associated with its investment strategies, including market and credit risks. The corporation’s shares may trade at a discount to their net asset value, and its use of leverage could increase volatility.
More about Tri-Continental Corp
Tri-Continental Corporation operates in the financial industry, focusing on investment management services. It is managed by Columbia Management Investment Advisers, LLC, a subsidiary of Ameriprise Financial, Inc. The corporation has a long history of paying dividends on its common stock for 81 consecutive years.
Average Trading Volume: 45,905
See more insights into TY stock on TipRanks’ Stock Analysis page.