Tri-Continental Co. (TY) To Go Ex-Dividend on September 13th

Tri-Continental Co. (NYSE:TY) declared a quarterly dividend on Tuesday, September 3rd, Zacks reports. Shareholders of record on Friday, September 13th will be given a dividend of 0.291 per share by the investment management company on Monday, September 23rd. This represents a $1.16 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend is Friday, September 13th. This is a positive change from Tri-Continental’s previous quarterly dividend of $0.29.

Tri-Continental Stock Performance

Shares of NYSE:TY opened at $31.92 on Thursday. Tri-Continental has a 12 month low of $25.16 and a 12 month high of $32.39. The company’s fifty day simple moving average is $31.41 and its 200 day simple moving average is $30.64.

About Tri-Continental

Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies.