Tri-Continental (TY) Declares $0.2090 Quarterly Dividend; 4.1% Yield
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Tri-Continental Corporation Declares Fourth Quarter Distribution
December 4, 2015 9:14 AM ESTBOSTON--(BUSINESS WIRE)-- Tri-Continental Corporation (the Corporation) (NYSE: TY) today declared a fourth quarter distribution of $0.2090 per share of Common Stock and $0.6250 per share of Preferred Stock. Dividends on Common Stock will be paid on December 22, 2015 to Common Stockholders of record on December 14, 2015 and dividends on Preferred Stock will be paid on January 4, 2016 to Preferred Stockholders of record on December 14, 2015. The ex-dividend date for both the Common Stock and the Preferred Stock is December 10, 2015. The $0.2090 per share dividend on the Common Stock is in accordance with the Corporations earned distribution policy.
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