dividend
confidence high
sentiment neutral
materiality 0.35
Tri-Continental declares Q2 distributions: $0.2905 ordinary + $0.2878 capital gain per common share
TRI-CONTINENTAL Corp
- Common stock: $0.2905 ordinary income and $0.2878 long-term capital gain per share.
- Preferred stock: $0.6250 per share dividend declared.
- Common distribution payable June 18, 2024; preferred payable July 1, 2024; record date June 10, 2024.
- Capital gain distribution may be taken in cash, shares, or a 75/25 or 50/50 mix.
- Corporation has paid common dividends for 80 consecutive years.