Tri Continental Corporation (NYSE:TY) Raises Dividend to $0.29 Per Share

Posted by Brenda Bartman on May 22nd, 2026

Tri Continental Corporation (NYSE:TY – Get Free Report) announced a quarterly dividend on Thursday, May 21st. Investors of record on Tuesday, June 16th will be given a dividend of 0.2852 per share by the investment management company on Thursday, June 25th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Tuesday, June 16th. This is a 0.1% increase from Tri Continental’s previous quarterly dividend of $0.28.

Tri Continental Price Performance

NYSE TY traded up $0.23 on Friday, hitting $34.85. 21,329 shares of the stock traded hands, compared to its average volume of 38,568. Tri Continental has a 12 month low of $30.40 and a 12 month high of $35.05. The business’s fifty day moving average is $33.08 and its two-hundred day moving average is $33.27.

About Tri Continental

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Tri-Continental Corporation is a diversified closed-end management investment company that seeks to generate long-term total return through a combination of capital appreciation and income. The firm offers investors access to a broad portfolio of securities through a single, actively managed vehicle listed on the New York Stock Exchange under the ticker TY.

The company’s core strategy centers on investing primarily in equity securities of companies located in North America, Europe and the Pacific Basin.