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Stock impact report

Tri-Continental Corporation Declares Third Quarter Distribution

Tri Continental Corporation (TY) 
Company Research Source: Business Wire
BOSTON--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a third quarter ordinary income distribution of $0.2602 per share of Common Stock and $0.6250 per share of Preferred Stock. Distributions on Common Stock will be paid on September 26, 2019 to Common Stockholders of record on September 18, 2019 and dividends on Preferred Stock will be paid on October 1, 2019 to Preferred Stockholders of record on September 18, 2019. The ex-dividend date for both the Common Stock and the Preferred Stock is September 17, 2019. The $0.2602 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 75 consecutive years. The Corporation’s investment manager is Columbia Management Investment Advisers, LLC, a wholly owned subsidiary of Ameriprise Financial, Inc.The Corporation’s distributions on common stock will vary. The Corporation’s curr Show less Read more
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