Welcome to our dedicated page for Tri-Continental Corporation news (Ticker: TY), a resource for investors and traders seeking the latest updates and insights on Tri-Continental Corporation stock.
Tri-Continental Corporation (NYSE: TY) is a closed-end management investment company whose news flow centers on its investment activities, distributions, and corporate governance. The Corporation invests to produce future growth of both capital and income while seeking reasonable current income, and it is managed by Columbia Management Investment Advisers, LLC, a wholly owned subsidiary of Ameriprise Financial, Inc.
News about Tri-Continental Corporation often includes announcements of ordinary income distributions and capital gain distributions on its common and preferred stock. For example, the Corporation has issued press releases detailing quarterly ordinary income distributions, special capital gain distributions, and the form in which such distributions may be paid, including options for stockholders to elect different combinations of stock and cash. These items are important for investors who follow the fund’s income characteristics and distribution policy.
Another recurring category of news involves stockholder meetings and governance matters. The Corporation has reported on its annual meetings of stockholders, including the re-election of directors for multi-year terms and the ratification of the selection of PricewaterhouseCoopers LLP as its independent registered public accounting firm for a specified fiscal year. Such disclosures provide insight into the Corporation’s board composition and oversight of its financial reporting.
Tri-Continental Corporation also uses current reports on Form 8-K to furnish press releases under Regulation FD. These filings and associated press releases inform the market about material information, including distribution decisions and meeting outcomes. Investors who follow TY-related news can use this page to review these categories of updates and to monitor how the Corporation communicates its investment objectives, risks, and governance actions over time.
Tri-Continental Corporation (NYSE: TY) announced its 96th Annual Meeting of Stockholders on June 16, 2026 in Minneapolis, MN. The Board set the record date as April 21, 2026 for stockholders entitled to vote.
Stockholders will vote to elect four directors through the 2029 annual meeting and to ratify PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal 2026. Additional meeting details, timing, and proxy access will be described in the notice of meeting and proxy statement to be filed with the SEC. Investor contacts and prospectus access information are provided.
Tri-Continental Corporation (NYSE: TY) declared a first quarter ordinary income distribution of $0.2848 per common share and $0.6250 per preferred share. Common distributions payable March 25, 2026 to holders of record March 17, 2026; preferred payable April 1, 2026 to holders of record March 17, 2026.
The company said the common distribution is in line with its distribution policy, that current distributions are from earnings and profits (not a return of capital), and that it has paid dividends on common stock for 82 consecutive years. The release reiterates investment risks including market risk, leverage, and interest-rate and credit risks.
Tri-Continental Corporation (NYSE: TY) declared a fourth quarter ordinary income distribution of $0.2711 per common share and $0.6250 per preferred share, plus a total capital gain distribution on common stock of $2.0443 per share (short-term $0.2541, long-term $1.7902).
Common distributions payable Dec 22, 2025 to holders of record Dec 12, 2025; preferred dividends payable Jan 2, 2026 to holders of record Dec 12, 2025; ex-dividend date for both is Dec 12, 2025. The capital gain distribution is a special distribution to be paid in stock, with stockholders able to elect mixes of stock and cash (75/25, 50/50, or 100% cash).
The corporation notes it has paid common dividends for 81 consecutive years and cautions distributions may vary; NAV may not match market price and investments carry market, credit, interest-rate and leverage risks.
Tri-Continental Corporation (NYSE: TY) has declared its third quarter distribution for 2025. The company announced an ordinary income distribution of $0.2654 per share for Common Stock, payable on September 24, 2025, and $0.6250 per share for Preferred Stock, payable on October 1, 2025.
The ex-dividend date for both Common and Preferred Stock is set for September 16, 2025. Notably, the Corporation has maintained its impressive track record of paying dividends on common stock for 81 consecutive years. The distributions are being made from the Corporation's earnings and profits, with no portion representing a return of capital.
Tri-Continental Corporation (NYSE: TY) held its 95th Annual Meeting of Stockholders in Minneapolis, Minnesota. During the meeting, stockholders approved two key proposals: the re-election of four Directors - Daniel J. Beckman, Janet Langford Carrig, Douglas A. Hacker, and Sandra L. Yeager - for terms expiring at the 2028 Annual Meeting, and the ratification of PricewaterhouseCoopers LLP as the Corporation's independent registered public accounting firm for fiscal year 2025.
The Corporation is managed by Columbia Management Investment Advisers, LLC and involves investment risks including possible loss of principal and fluctuation in value. The company is not FDIC or NCUA insured and is not guaranteed by any federal agency.
Tri-Continental Corporation (NYSE: TY) has declared its second quarter distributions. The company announced an ordinary income distribution of $0.2900 per share of Common Stock and $0.6250 per share of Preferred Stock. Additionally, a total capital gain distribution of $0.7620 per share of Common Stock was declared, comprising $0.1983 in short-term and $0.5637 in long-term capital gains.
The distributions will be paid on June 25, 2025 for Common Stock and July 1, 2025 for Preferred Stock, with a record date of June 16, 2025. The capital gain distribution offers stockholders flexible payment options: 75% shares/25% cash, 50% shares/50% cash, or 100% cash. Notably, the Corporation has maintained an impressive 81-year consecutive dividend payment record on its common stock.
Tri-Continental (NYSE: TY) has announced its upcoming 95th Annual Meeting of Stockholders scheduled for June 24, 2025, in Minneapolis, MN. The record date for stockholder voting eligibility is set for April 29, 2025.
The meeting agenda includes:
- Re-election of four directors: Janet Langford Carrig, Sandra L. Yeager, Daniel J. Beckman, and Douglas A. Hacker, to serve until the 2028 Annual Meeting
- Ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2025
- Discussion of other relevant matters
The is managed by Columbia Management Investment Advisers, , under the global brand Columbia Threadneedle Investments.
Tri-Continental (NYSE: TY) has declared its first quarter distribution for 2025. The company announced an ordinary income distribution of $0.2766 per share for Common Stock, payable on March 26, 2025, and $0.6250 per share for Preferred Stock, payable on April 1, 2025. Both stockholders of record date and ex-dividend date are set for March 18, 2025.
The distribution aligns with the 's established policy, marking 81 consecutive years of dividend payments on common stock. The current distributions are derived from the 's earnings and profits, with no return of capital component. The investment manager for the is Columbia Management Investment Advisers, , a wholly-owned subsidiary of Ameriprise Financial, Inc.
Tri-Continental (NYSE: TY) has declared its fourth quarter distributions. Common stockholders will receive an ordinary income distribution of $0.2850 per share and a capital gain distribution of $1.9520 per share, consisting of $0.3669 in short-term and $1.5851 in long-term gains. Preferred stockholders will receive $0.6250 per share. The distributions will be paid on December 23, 2024, for Common Stock and January 2, 2025, for Preferred Stock. Stockholders can elect to receive the capital gain distribution in various stock/cash combinations. The has maintained dividend payments on common stock for 80 consecutive years.
Tri-Continental (NYSE: TY) has declared its third quarter distribution for 2024. Common stockholders will receive $0.2914 per share, payable on September 23, 2024, while preferred stockholders will receive $0.6250 per share, payable on October 1, 2024. The ex-dividend date for both is September 13, 2024.
TY has maintained an impressive 80-year streak of consecutive dividend payments. The 's investment manager is Columbia Management Investment Advisers, , a subsidiary of Ameriprise Financial. Investors should note that TY's distributions may vary and closed-end funds often trade at a discount to their net asset value.
The employs quantitative methods for security selection and uses leverage through preferred stock, which can increase volatility. Potential investors are advised to carefully review the prospectus for detailed information on investment objectives, risks, and expenses before making investment decisions.