|Bid||0.00 x 1400|
|Ask||0.00 x 800|
|Day's Range||33.63 - 33.93|
|52 Week Range||24.11 - 34.96|
|Beta (5Y Monthly)||1.06|
|PE Ratio (TTM)||9.03|
|Earnings Date||May 05, 2021 - May 09, 2021|
|Forward Dividend & Yield||0.98 (2.90%)|
|Ex-Dividend Date||Mar 16, 2021|
|1y Target Est||N/A|
BOSTON, Jun 11, 2021--Tri-Continental Corporation (the "Corporation") (NYSE: TY) today virtually held its 91st Annual Meeting of Stockholders (the "Meeting"). Stockholders voted in favor of the recommendations of the Corporation’s Board of Directors (the "Board") on each of two proposals at the Meeting.
Tri-Continental Corporation (the "Corporation") (NYSE: TY) today declared a second quarter ordinary income distribution of $0.2388 per share of Common Stock and $0.6250 per share of Preferred Stock. In addition, the Corporation declared a long-term capital gain distribution of $0.2966 per share of Common Stock. Distributions on Common Stock will be paid on June 24, 2021 to Common Stockholders of record on June 16, 2021 and dividends on Preferred Stock will be paid on July 1, 2021 to Preferred Stockholders of record on June 16, 2021. The ex-dividend date for both the Common Stock and the Preferred Stock is June 15, 2021. The $0.2388 per share ordinary income distribution and the $0.2966 per share capital gain distribution on the Common Stock is in accordance with the Corporation’s distribution policy. The capital gain distribution, being a special distribution, will be paid in stock except that any stockholder of record as of June 16, 2021 may elect to receive such distribution as follows: 75% in shares and 25% in cash; 50% in shares and 50% in cash; or 100% in cash.
The Board of Directors (the Board) of Tri-Continental Corporation (the Corporation) (NYSE: TY) today announced that the Corporation’s 91st Annual Meeting of Stockholders will be held virtually on June 11, 2021 (the Meeting). The close of business on April 20, 2021 has been fixed by the Corporation’s Board as the record date for the determination of Stockholders entitled to notice of, and to vote at, the Meeting or any postponement or adjournment thereof.