Tri-Continental Corporation Declares Third Quarter Distribution
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.
Tri-Continental (NYSE: TY) ha dichiarato la sua distribuzione per il terzo trimestre del 2024. Gli azionisti comuni riceveranno $0,2914 per azione, pagabile il 23 settembre 2024, mentre gli azionisti privilegiati riceveranno $0,6250 per azione, pagabile il 1 ottobre 2024. La data ex-dividendo per entrambi è il 13 settembre 2024.
TY ha mantenuto un'impressionante striscia di 80 anni di pagamenti di dividendi consecutivi. Il gestore degli investimenti è Columbia Management Investment Advisers, una sussidiaria di Ameriprise Financial. Gli investitori dovrebbero notare che le distribuzioni di TY possono variare e che i fondi chiusi spesso trattano a un prezzo inferiore al loro valore patrimoniale netto.
La società utilizza metodi quantitativi per la selezione dei titoli e sfrutta leva attraverso le azioni privilegiate, il che può aumentare la volatilità. I potenziali investitori sono invitati a esaminare attentamente il prospetto per informazioni dettagliate sugli obiettivi di investimento, i rischi e le spese prima di prendere decisioni d'investimento.
Tri-Continental (NYSE: TY) ha declarado su distribución del tercer trimestre de 2024. Los accionistas comunes recibirán $0.2914 por acción, pagadero el 23 de septiembre de 2024, mientras que los accionistas preferentes recibirán $0.6250 por acción, pagadero el 1 de octubre de 2024. La fecha ex-dividendo para ambos es el 13 de septiembre de 2024.
TY ha mantenido una impresionante racha de 80 años de pagos consecutivos de dividendos. El gestor de inversiones es Columbia Management Investment Advisers, una subsidiaria de Ameriprise Financial. Los inversores deben tener en cuenta que las distribuciones de TY pueden variar y que los fondos cerrados a menudo se negocian a un descuento respecto a su valor neto de los activos.
La compañía emplea métodos cuantitativos para la selección de valores y utiliza apalancamiento a través de acciones preferentes, lo que puede aumentar la volatilidad. Se aconseja a los posibles inversores revisar detenidamente el prospecto para obtener información detallada sobre los objetivos de inversión, los riesgos y los gastos antes de tomar decisiones de inversión.
Tri-Continental (NYSE: TY)는 2024년 3분기 배당금을 발표했습니다. 보통주 주주는 주당 $0.2914를 2024년 9월 23일에 지급받고, 우선주 주주는 주당 $0.6250를 2024년 10월 1일에 지급받습니다. 두 주주의 배당락일은 2024년 9월 13일입니다.
TY는 80년 연속 배당금 지급이라는 인상적인 기록을 유지하고 있습니다. 투자 관리자는 Ameriprise Financial의 자회사인 Columbia Management Investment Advisers입니다. 투자자들은 TY의 배당금이 변동될 수 있으며, 폐쇄형 펀드는 종종 순자산가치보다 할인된 가격에 거래된다는 점을 유의해야 합니다.
회사는 정량적 방법을 사용하여 증권을 선택하고, 우선주를 통해 레버리지를 활용하여 변동성을 증가시킬 수 있습니다. 잠재적 투자자들은 투자 목표, 위험 및 비용에 대한 자세한 정보를 얻기 위해 투자 설명서를 신중히 검토하는 것이 좋습니다.
Tri-Continental (NYSE: TY) a déclaré sa distribution pour le troisième trimestre de 2024. Les actionnaires ordinaires recevront 0,2914 $ par action, payable le 23 septembre 2024, tandis que les actionnaires privilégiés recevront 0,6250 $ par action, payable le 1er octobre 2024. La date ex-dividende pour les deux est le 13 septembre 2024.
TY a maintenu une série impressionnante de 80 ans de paiements de dividendes consécutifs. Le gestionnaire d’investissements est Columbia Management Investment Advisers, une filiale d’Ameriprise Financial. Les investisseurs doivent noter que les distributions de TY peuvent varier et que les fonds fermés se négocient souvent à un rabais par rapport à leur valeur nette d’inventaire.
La société utilise des méthodes quantitatives pour la sélection des titres et utilise l’effet de levier grâce aux actions privilégiées, ce qui peut augmenter la volatilité. Les investisseurs potentiels sont invités à examiner attentivement le prospectus pour obtenir des informations détaillées sur les objectifs d’investissement, les risques et les frais avant de prendre des décisions d’investissement.
Tri-Continental (NYSE: TY) hat die Ausschüttung für das dritte Quartal 2024 bekannt gegeben. Ordinary shareholders erhalten 0,2914 $ pro Aktie, zahlbar am 23. September 2024, während Vorzugsaktionäre 0,6250 $ pro Aktie erhalten, zahlbar am 1. Oktober 2024. Das Ex-Dividenden-Datum für beide ist der 13. September 2024.
TY hat eine beeindruckende 80-jährige Serie von aufeinanderfolgenden Dividendenzahlungen aufrechterhalten. Der Investmentmanager ist Columbia Management Investment Advisers, eine Tochtergesellschaft von Ameriprise Financial. Investoren sollten beachten, dass die Ausschüttungen von TY variieren können und geschlossene Fonds häufig unter ihrem Nettovermögen gehandelt werden.
Das Unternehmen verwendet quantitative Methoden zur Auswahl von Wertpapieren und setzt Leverage durch Vorzugsaktien ein, was die Volatilität erhöhen kann. Potenzielle Investoren werden geraten, das Verkaufsprospekt sorgfältig zu prüfen, um detaillierte Informationen zu den Anlagezielen, Risiken und Kosten vor der Investmententscheidung zu erhalten.
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The Corporation has paid dividends on its common stock for 80 consecutive years. The Corporation’s investment manager is Columbia Management Investment Advisers, LLC, a wholly-owned subsidiary of Ameriprise Financial, Inc.
The Corporation’s distributions on common stock will vary. The Corporation’s current distributions (as estimated by the Corporation based on current information) are from the earnings and profits of the Corporation. No amount of the Corporation’s current distribution consists of a return of capital (i.e., a return of some or all of your original investment in the Corporation).
The net asset value of the Corporation’s common shares may not always correspond to the market price of such shares. Shares of many closed-end funds frequently trade at a discount from their net asset value. An investment in the Corporation is subject to stock market risk, which is the risk that market prices for the Corporation’s common shares may decline over short or long periods, adversely affecting the value of an investment in the Corporation.
Securities selected for the Corporation using quantitative methods may perform differently from the market as a whole, and there can be no assurance that this methodology will enable it to achieve its objective. The Corporation’s portfolio investments are subject to market risk, which may affect a single issuer, sector of the economy, industry or the market as a whole. Fixed-income investments, including convertible securities, are subject to credit risk, interest rate risk, and prepayment and extension risk. These risks may be more pronounced for longer-term securities and high-yield securities (“junk bonds”). In general, bond prices rise when interest rates fall and vice versa. Convertible securities are subject to both the risks of their security type prior to conversion as well as their security type after conversion. The Corporation’s use of leverage, including through its preferred stock, exposes it to greater risks due to unanticipated market movements, which may magnify losses and increase volatility of returns.
You should consider the investment objectives, risks, charges, and expenses of the Corporation carefully before investing. A prospectus containing information about the Corporation (including its investment objectives, risks, charges, expenses, and other information) may be obtained by contacting your financial advisor or Columbia Management Investment Services Corp. at 800-345-6611. The prospectus can also be found on the Securities and Exchange Commission’s EDGAR database. The prospectus should be read carefully before investing in the Corporation. There is no guarantee that the Corporation’s investment goals/objectives will be met or that distributions will be made, and you could lose money.
Tri-Continental Corporation is managed by Columbia Management Investment Advisers, LLC.
Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies.
Past performance does not guarantee future results.
Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.
© 2024 Columbia Management Investment Advisers, LLC. All rights reserved.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240903458990/en/
Stockholder contact:
800-345-6611, option 3
Media contact:
Lisa Feuerbach
617-897-9344
lisa.feuerbach@columbiathreadneedle.com
Source: Tri-Continental Corporation
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