Tri-Continental Corporation (TY)
| Market Value | 1.76B |
| Revenue (ttm) | 65.96M |
| Net Income (ttm) | 279.86M |
| Shares Out | 52.03M |
| EPS (ttm) | 5.40 |
| PE Ratio | 6.22 |
| Forward PE | n/a |
| Dividend | $1.40 (4.17%) |
| Ex-Dividend Date | Sep 13, 2024 |
| Volume | 30,752 |
| Open | 33.73 |
| Previous Close | 33.60 |
| Day's Range | 33.65 - 33.86 |
| 52-Week Range | 27.24 - 34.30 |
| Beta | 0.96 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About TY
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. The fund benchmarks the performance of its portfolio against S&P 500 Index. Tri-Continental Corporation was formed in January 1929 and is domiciled in the United States. [Read more]
News
Tri-Continental Corporation Declares Fourth Quarter Distribution
BOSTON--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a fourth quarter ordinary income distribution of $0.2850 per share of Common Stock and $0.6250 per sh...
Tri-Continental Corporation Declares Third Quarter Distribution
BOSTON--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a third quarter ordinary income distribution of $0.2914 per share of Common Stock and $0.6250 per sha...
Tri-Continental Corporation Holds 94th Annual Meeting of Stockholders
MINNEAPOLIS--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today held its 94th Annual Meeting of Stockholders (the “Meeting”) in Minneapolis, Minnesota. Stockholders vote...
PharmaEssentia Completes Patient Enrollment for Phase 2b EXCEED-ET Trial in Essential Thrombocythemia and Phase 3b ECLIPSE-PV Trial in Polycythemia Vera
BURLINGTON, Mass.--(BUSINESS WIRE)--PharmaEssentia USA Corporation, a subsidiary of PharmaEssentia Corporation (TWSE: 6446), a global biopharmaceutical innovator based in Taiwan leveraging deep expert...
TY: Massive Discount, But Variable Distribution Might Not Appeal To Everyone
Tri-Continental Corporation offers exposure to domestic equity securities with a 3.82% yield, lower than peers but higher than American common equity indices. The TY closed-end fund's shares have gain...
Tri-Continental Corporation Declares Second Quarter Distribution
BOSTON--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a second quarter ordinary income distribution of $0.2905 per share of Common Stock and $0.6250 per sh...
Tri-Continental Corporation Announcements Regarding 94th Annual Meeting of Stockholders
BOSTON--(BUSINESS WIRE)--The Board of Directors (the Board) of Tri-Continental Corporation (the Corporation) (NYSE: TY) today announced that the Corporation's 94th Annual Meeting of Stockholders will ...
Tri-Continental Corporation Declares First Quarter Distribution
BOSTON--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a first quarter ordinary income distribution of $0.2560 per share of Common Stock and $0.6250 per sha...
Tri-Continental Corp: Thank You For Delivering A Solid 2023
Tri-Continental Corporation is a well-managed closed-end fund with strong long-term performance and a sustainable distribution yield. TY is well positioned in the current equity markets, with top hold...
TY: Low-Cost Balanced CEF Available At A Nice Discount To NAV
Tri-Continental Corporation is an attractive closed-end fund selling at a 13% discount. TY is a balanced fund with a focus on long-term capital growth and current income. The fund has a very low expen...
Tri-Continental Corporation Holds 93rd Annual Meeting of Stockholders
MINNEAPOLIS--(BUSINESS WIRE)--TRI-CONTINENTAL CORPORATION HOLDS 93rd ANNUAL MEETING OF STOCKHOLDERS.
U.S. Zombie Firms With The Highest Potential Credit Risks
The Federal Reserve commissioned a study in 2021 to evaluate, "How Many U.S. Zombie Firms and How Consequential?" In the wake of the largest banking collapses since 2008, this article evaluates which ...
Tri-Continental Corporation Announcements Regarding 93rd Annual Meeting of Stockholders
BOSTON--(BUSINESS WIRE)--The Board of Directors (the Board) of Tri-Continental Corporation (the Corporation) (NYSE: TY) today announced that the Corporation's 93rd Annual Meeting of Stockholders will ...
TY: Extract Dividends From The S&P 500 Via This CEF
Tri-Continental is an equities CEF. The fund targets long-term capital growth and current income by constructing a portfolio similar to the S&P 500 but with a Value tilt.
TY CEF: Trailing Other Investment Choices
The Tri-Continental Corporation (TY) is another CEF that dates back to 1929. It seeks to invest in stocks of large-cap companies, but may invest in fixed income assets too. This article covers TY in d...
Tri-Continental: Solid Balanced Fund With Opportunity For High Distributions
Tri-Continental Corporation is a closed-end fund that has been around for over 90 years. It has a strong performance track record, with 10Yr average total returns of 10.6%.
How We're Trading This Mess: Cash Now, These 3 Big Dividends Later
I so badly want to back up the truck, but.
Tri-Continental Corporation Holds 92nd Annual Meeting of Stockholders
MINNEAPOLIS--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today held its 92nd Annual Meeting of Stockholders (the “Meeting”) in Minneapolis, Minnesota. Stockholders vote...
TY: Robust Equity CEF Mirroring The S&P 500
TY is a very robust equity CEF that employs minimum leverage and has posted very healthy long-term results. The fund's trailing total returns on a 5- and 10-year lookback stand at 13.6% and 13.2%, res...
Tri-Continental Corporation Announcements Regarding 92nd Annual Meeting of Stockholders
BOSTON--(BUSINESS WIRE)--The Board of Directors (the Board) of Tri-Continental Corporation (the Corporation) (NYSE: TY) today announced that the Corporation's 92nd Annual Meeting of Stockholders will ...
Tri-Continental: A Solid Balanced Fund With A Good Long-Term Performance Record
TY is a solid balanced fund with a low expense ratio and good long-term performance. The fund was created in 1929.
CEF Weekly Commentary Sept. 5, 2021: Have Discounts Peaked?
Major indices hit record highs again this week with mid-caps joining large-cap at all-time highs. August was the seventh consecutive month of gains for the S&P. Discounts widened for the third straigh...
Tri-Continental Corporation Holds 91st Annual Meeting of Stockholders
BOSTON--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today virtually held its 91st Annual Meeting of Stockholders (the “Meeting”). Stockholders voted in favor of the rec...
Tri-Continental Corporation Announcements Regarding 91st Annual Meeting of Stockholders
BOSTON--(BUSINESS WIRE)--The Board of Directors (the Board) of Tri-Continental Corporation (the Corporation) (NYSE: TY) today announced that the Corporation's 91st Annual Meeting of Stockholders will ...