Tri-Continental Corporation Stock Price, News & Analysis

The Board of Directors of Tri-Continental Corporation (NYSE: TY) has announced its 93rd Annual Meeting of Stockholders, scheduled for June 20, 2023, in Minneapolis, MN. The record date for stockholders entitled to vote is April 11, 2023. Key agenda items include the election of one new director, Janet Langford Carrig, and the re-election of three existing directors for continued service until 2026. Additionally, the selection of PricewaterhouseCoopers LLP as the accounting firm for the 2023 fiscal year will be ratified. Detailed information will be provided in a forthcoming notice and proxy statement.

Tri-Continental Corporation (NYSE: TY) announced a first-quarter ordinary income distribution of $0.2900 per share for Common Stock and $0.6250 per share for Preferred Stock. Common Stockholders will receive their dividends on March 21, 2023, with a record date of March 13, 2023. Preferred Stockholders will be paid on April 3, 2023, also with a record date of March 13, 2023. The Corporation has consistently paid dividends on its Common Stock for 79 years. However, market risks and variations in distributions may affect investors' returns.

Tri-Continental Corporation (NYSE: TY) announced a fourth quarter distribution of $0.2651 per share for Common Stock and $0.6250 for Preferred Stock. Additionally, a long-term capital gain distribution of $0.6213 per Common Stock share will occur. Payments will be made on December 20, 2022 for Common Stockholders and on January 3, 2023 for Preferred Stockholders. The company has a 78-year history of paying dividends, which are derived from its earnings with no return of capital.

Tri-Continental Corporation (NYSE: TY) held its 92^nd Annual Meeting of Stockholders in Minneapolis, Minnesota. Stockholders elected Directors Douglas A. Hacker and Daniel J. Beckman, and re-elected Minor M. Shaw and Sandra L. Yeager, all serving until the 2025 Annual Meeting. Additionally, they ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2022. The Corporation is managed by Columbia Management Investment Advisers, LLC, and potential investors are urged to review the investment objectives, risks, and expenses associated with the Corporation.

Tri-Continental Corporation (NYSE: TY) announced a second quarter ordinary income distribution of $0.2782 per share for Common Stock and $0.6250 for Preferred Stock, along with a capital gain distribution of $0.5289 per common share. Distributions will be paid on June 22, 2022, with an ex-dividend date of June 10, 2022. The company has consistently paid dividends for 78 years. The investment manager is Columbia Management Investment Advisers, LLC, a subsidiary of Ameriprise Financial, Inc. (NYSE: AMP).

The Board of Directors of Tri-Continental Corporation (NYSE: TY) has announced its 92^nd Annual Meeting of Stockholders scheduled for June 21, 2022, in Minneapolis, MN. The record date for stockholders entitled to vote is set for April 12, 2022. Key agenda items include the election of 4 directors, ratification of PricewaterhouseCoopers LLP as the independent accounting firm for the fiscal year 2022, and other relevant matters. Details for access to the meeting will be included in a forthcoming notice and proxy statement.