Tri-Continental Corporation Stock Price, News & Analysis

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.

Tri-Continental Corporation (NYSE: TY) announced an ordinary income distribution of $0.2700 for Common Stock and $0.6250 for Preferred Stock. Payments will be made on March 24, 2022 and April 1, 2022, respectively. With 78 consecutive years of dividend payments, these distributions are derived from earnings and profits, with no return of capital. The Corporation's investment manager is Ameriprise Financial, Inc. (AMP), associated with Columbia Management Investment Advisers, LLC (MVLCX).

Tri-Continental Corporation (NYSE: TY) announced a fourth quarter ordinary income distribution of $0.2996 per share of Common Stock and $0.6250 per share of Preferred Stock. Additionally, the Corporation declared a total capital gain distribution of $3.3110 per share of Common Stock, comprising short-term gains of $1.0304 and long-term gains of $2.2806. Distributions will be paid on December 23, 2021, for Common Stockholders of record as of December 15, 2021.

The Corporation has paid dividends for 77 consecutive years.

Tri-Continental Corporation (NYSE: TY) held its 91^st 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 91^st 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.

Tri-Continental Corporation (NYSE: TY) has announced its fourth quarter ordinary income distribution of $0.2679 per share for Common Stock and $0.6250 per share for Preferred Stock. Additionally, a long-term capital gain distribution of $0.3506 per share for Common Stock is declared, with payment set for December 24, 2020. Shareholders have options for receiving the capital gain as a mix of cash and stock. The Corporation has a long history of paying dividends, with 76 consecutive years to date. Notably, market risks could affect the Corporation's share prices.