Tri Continental Corporation (TY) To Go Ex-Dividend on June 16th

Tri Continental Corporation (NYSE:TY) declared a quarterly dividend on Thursday, May 21st. Investors of record on Tuesday, June 16th will be paid a dividend of 0.2852 per share by the investment management company on Thursday, June 25th. This represents a c) dividend on an annualized basis and a yield of 3.3%. 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 Stock Up 0.6%

Shares of TY opened at $34.82 on Friday. The company’s 50 day moving average price is $33.13 and its 200 day moving average price is $33.28. Tri Continental has a 52 week low of $30.40 and a 52 week high of $35.05.

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.