dividend
confidence high
sentiment neutral
materiality 0.50
Tri-Continental Corp declares Q4 distributions: $0.2850 ordinary + $1.9520 capital gain per common share
TRI-CONTINENTAL Corp
- Ordinary income distribution of $0.2850 per common share; preferred stock dividend of $0.6250 per share.
- Capital gain distribution of $1.9520 per common share (short-term $0.3669, long-term $1.5851).
- Payable Dec 23, 2024 to common holders of record Dec 13; ex-dividend date Dec 13.
- Capital gain distribution payable in stock with optional cash mix (75/25, 50/50, 100% cash).
- Company has paid common dividends for 80 consecutive years.