Welcome to our dedicated page for Tri-Continental Corporation news (Ticker: TY), a resource for investors and traders seeking the latest updates and insights on Tri-Continental Corporation stock.
Tri-Continental Corporation (NYSE: TY) is a closed-end management investment company whose news flow centers on its investment activities, distributions, and corporate governance. The Corporation invests to produce future growth of both capital and income while seeking reasonable current income, and it is managed by Columbia Management Investment Advisers, LLC, a wholly owned subsidiary of Ameriprise Financial, Inc.
News about Tri-Continental Corporation often includes announcements of ordinary income distributions and capital gain distributions on its common and preferred stock. For example, the Corporation has issued press releases detailing quarterly ordinary income distributions, special capital gain distributions, and the form in which such distributions may be paid, including options for stockholders to elect different combinations of stock and cash. These items are important for investors who follow the fund’s income characteristics and distribution policy.
Another recurring category of news involves stockholder meetings and governance matters. The Corporation has reported on its annual meetings of stockholders, including the re-election of directors for multi-year terms and the ratification of the selection of PricewaterhouseCoopers LLP as its independent registered public accounting firm for a specified fiscal year. Such disclosures provide insight into the Corporation’s board composition and oversight of its financial reporting.
Tri-Continental Corporation also uses current reports on Form 8-K to furnish press releases under Regulation FD. These filings and associated press releases inform the market about material information, including distribution decisions and meeting outcomes. Investors who follow TY-related news can use this page to review these categories of updates and to monitor how the Corporation communicates its investment objectives, risks, and governance actions over time.
Tri-Continental Corporation (NYSE: TY) held its 92nd 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
The Board of Directors of Tri-Continental Corporation (NYSE: TY) has announced its 92nd 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.
Tri-Continental Corporation (NYSE: TY) announced an ordinary income distribution of
Tri-Continental Corporation (NYSE: TY) announced a fourth quarter ordinary income distribution of
The Corporation has paid dividends for 77 consecutive years.
Summary not available.
Tri-Continental Corporation (NYSE: TY) held its 91st Annual Meeting of Stockholders, where stockholders voted unanimously for the Board of Directors' recommendations. Two Directors, Ms. Sandra Yeager and Mr. Christopher O. Petersen, were elected, along with the re-election of Mr. George S. Batejan, Ms. Kathleen Blatz, and Ms. Pamela G. Carlton. Their terms will last until the 2022 and 2024 Annual Meetings, respectively. Additionally, stockholders ratified PricewaterhouseCoopers LLP as the Corporation's independent public accounting firm for 2021.
Tri-Continental Corporation (NYSE: TY) announced its second-quarter ordinary income distribution of $0.2388 per share for Common Stock and $0.6250 for Preferred Stock. Additionally, a long-term capital gain distribution of $0.2966 per share of Common Stock was declared. Payments for Common Stock will occur on June 24, 2021, while Preferred Stock dividends will be paid on July 1, 2021. The Corporation has a 77-year history of paying dividends on its common stock and is managed by Columbia Management Investment Advisers.
The Board of Directors of Tri-Continental Corporation (NYSE: TY) announced that the 91st Annual Meeting of Stockholders will occur virtually on June 11, 2021. The record date for stockholder eligibility is set for April 20, 2021. Stockholders will vote on the election of two directors, re-election of three directors, and the ratification of PricewaterhouseCoopers LLP as the independent accounting firm for fiscal year 2021. Further details will be provided in a proxy statement to be filed with the SEC.
Tri-Continental Corporation (NYSE: TY) announced a first quarter ordinary income distribution of $0.2455 per share for Common Stock and $0.6250 for Preferred Stock. Payments will be made on March 25, 2021, for Common Stockholders and April 1, 2021, for Preferred Stockholders, with an ex-dividend date of March 16, 2021. The company has a history of paying dividends for 77 consecutive years. The current distribution is based on earnings and profits without capital return. Investors should be aware of stock market risks and the potential for trading at a discount to net asset value.
FAQ
What is the current stock price of Tri-Continental Corporation (TY)?
What is the market cap of Tri-Continental Corporation (TY)?
