Tri-Continental Co. (TY) to Issue Quarterly Dividend of $0.29 on June 18th

Tri-Continental Co. (NYSE:TYGet Free Report) declared a quarterly dividend on Thursday, May 16th, Zacks reports. Stockholders of record on Monday, June 10th will be paid a dividend of 0.29 per share by the investment management company on Tuesday, June 18th. This represents a $1.16 annualized dividend and a dividend yield of 3.74%. The ex-dividend date of this dividend is Monday, June 10th. This is a boost from Tri-Continental’s previous quarterly dividend of $0.26.

Tri-Continental Stock Performance

Shares of TY stock opened at $31.00 on Friday. Tri-Continental has a twelve month low of $25.16 and a twelve month high of $31.28. The stock’s fifty day simple moving average is $30.24 and its 200 day simple moving average is $29.41.

Tri-Continental Company Profile

(Get Free Report)

Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies.

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Dividend History for Tri-Continental (NYSE:TY)

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