Tri Continental Corporation (NYSE:TY – Get Free Report) announced a quarterly dividend on Thursday, May 21st. Investors of record on Tuesday, June 16th will be given a dividend of 0.2852 per share by the investment management company on Thursday, June 25th. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 16th. This is a 0.1% increase from Tri Continental’s previous quarterly dividend of $0.28.
Tri Continental Trading Up 0.8%
NYSE:TY opened at $35.17 on Friday. Tri Continental has a 12-month low of $30.40 and a 12-month high of $35.65. The stock has a 50-day moving average price of $34.15 and a 200 day moving average price of $33.38.
Tri Continental Company Profile
Tri-Continental Corporation is a diversified closed-end management investment company that seeks to generate long-term total return through a combination of capital appreciation and income. The firm offers investors access to a broad portfolio of securities through a single, actively managed vehicle listed on the New York Stock Exchange under the ticker TY.
The company’s core strategy centers on investing primarily in equity securities of companies located in North America, Europe and the Pacific Basin.
Featured Articles
- Five stocks we like better than Tri Continental
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for Tri Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tri Continental and related companies with MarketBeat.com's FREE daily email newsletter.
