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.
Tri-Continental Dividend Announcement
• Tri-Continental announced a quarterly dividend of $0.29 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-13
• Tri-Continental annual dividend for 2024 was $1.13
• Tri-Continental annual dividend for 2023 was $1.11
• Tri-Continental's trailing twelve-month (TTM) dividend yield is 5.17%
• Tri-Continental's dividend growth over the last five years (2018-2023) was -1.04% year
• Tri-Continental's dividend growth over the last ten years (2013-2023) was 5.12% year
Tri-Continental Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.29 | quarterly | 2024-09-23 |
2024-06-10 | $0.58 | quarterly | 2024-06-18 |
2024-03-08 | $0.26 | quarterly | 2024-03-19 |
2023-12-08 | $0.28 | quarterly | 2023-12-19 |
2023-09-08 | $0.26 | quarterly | 2023-09-19 |
2023-06-09 | $0.29 | quarterly | 2023-06-21 |
2023-03-10 | $0.29 | quarterly | 2023-03-21 |
2022-12-09 | $0.27 | quarterly | 2022-12-20 |
2022-09-09 | $0.27 | quarterly | 2022-09-20 |
2022-06-10 | $0.31 | quarterly | 2022-06-22 |
2022-03-15 | $0.27 | quarterly | 2022-03-24 |
2021-12-14 | $0.30 | quarterly | 2021-12-23 |
2021-09-14 | $0.30 | quarterly | 2021-09-23 |
2021-06-15 | $0.24 | quarterly | 2021-06-24 |
2021-03-16 | $0.25 | quarterly | 2021-03-25 |
2020-12-15 | $0.27 | quarterly | 2020-12-24 |
2020-09-15 | $0.26 | quarterly | 2020-09-24 |
2020-06-16 | $0.28 | quarterly | 2020-06-25 |
2020-03-17 | $0.27 | quarterly | 2020-03-26 |
2019-12-17 | $0.25 | quarterly | 2019-12-26 |
2019-09-17 | $0.26 | quarterly | 2019-09-26 |
2019-06-18 | $0.37 | quarterly | 2019-06-27 |
2019-03-19 | $0.24 | quarterly | 2019-03-28 |
2018-12-18 | $0.25 | quarterly | 2018-12-27 |
2018-09-18 | $0.24 | quarterly | 2018-09-27 |
2018-06-19 | $0.45 | quarterly | 2018-06-28 |
2018-03-21 | $0.23 | quarterly | 2018-03-29 |
2017-12-20 | $0.40 | quarterly | 2017-12-29 |
2017-09-15 | $0.26 | quarterly | 2017-09-26 |
2017-06-15 | $0.25 | quarterly | 2017-06-27 |
2017-03-16 | $0.25 | quarterly | 2017-03-28 |
2016-12-15 | $0.24 | quarterly | 2016-12-27 |
2016-09-15 | $0.23 | quarterly | 2016-09-27 |
2016-06-16 | $0.22 | quarterly | 2016-06-28 |
2016-03-10 | $0.22 | quarterly | 2016-03-22 |
2015-12-10 | $0.21 | quarterly | 2015-12-22 |
2015-09-10 | $0.20 | quarterly | 2015-09-22 |
2015-06-11 | $0.20 | quarterly | 2015-06-23 |
2015-03-12 | $0.20 | quarterly | 2015-03-24 |
2014-12-11 | $0.20 | quarterly | 2014-12-23 |
2014-09-11 | $0.19 | quarterly | 2014-09-23 |
2014-06-12 | $0.18 | quarterly | 2014-06-24 |
2014-03-13 | $0.17 | quarterly | 2014-03-25 |
2013-12-12 | $0.16 | quarterly | 2013-12-24 |
2013-09-12 | $0.16 | quarterly | 2013-09-24 |
2013-06-13 | $0.16 | quarterly | 2013-06-25 |
2013-03-14 | $0.19 | quarterly | 2013-03-26 |
Tri-Continental Dividend per year
Tri-Continental Dividend growth
Tri-Continental Dividend Yield
Tri-Continental current trailing twelve-month (TTM) dividend yield is 5.17%. Interested in purchasing Tri-Continental stock? Use our calculator to estimate your expected dividend yield:
Tri-Continental Financial Ratios
Tri-Continental Dividend FAQ
Other factors to consider when evaluating Tri-Continental as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Tri-Continental stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Tri-Continental's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Tri-Continental publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Tri-Continental distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Tri-Continental are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Tri-Continental sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Tri-Continental distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tri-Continental declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Tri-Continental's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Tri-Continental's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.