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Stockreport

Tri-Continental Corporation Declares First Quarter Distribution

TRI-CONTINENTAL CORP CO (TY)  More Company Research Source: Business Wire
PDF BOSTON--(BUSINESS WIRE)-- Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a first quarter ordinary income distribution of $0.2301 per share of Common Stock and $0.6250 per share of Preferred Stock. Distributions on Common Stock will be paid on March 27, 2018 to Common Stockholders of record on March 19, 2018 and dividends on Preferred Stock will be paid on April 2, 2018 to Preferred Stockholders of record on March 19, 2018. The ex-dividend date for both the Common Stock and the Preferred Stock is March 16, 2018. The $0.2301 per share ordinary income distribution on the Common Stock is in accordance with the Corporation’s distribution policy. The Corporation has paid dividends on its common stock for 74 consecutive years. The Corporation’s investment manager is Columbia Management Investment Advisers, LLC, a wholly owned subsidiary of Ameriprise Financial, Inc. The C [Read more]

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