Tri-Continental Corporation Price & Performance (TY)

Tri-Continental Corporation announced its Q1 2025 dividend distributions, continuing its 81-year streak. Common stockholders will receive $0.2766 per share on March 26, while preferred stockholders will get $0.6250 per share on April 1. These payments reflect earnings without capital return, signaling ongoing financial stability despite market challenges.1

Pamela G. Carlton, a director at Tri-Continental Corp, sold 1,815 shares on March 7, valued at $56,678. This transaction reduces her holdings to approximately 101 shares. The company, known for its strong financial health and consistent dividend history, maintains a market cap of $1.61 billion and a high dividend yield.2

Tri-Continental's stock, trading near $30.70, offers an annualized yield of 3.64%. With a 52-week range between $29.17 and $34.82, its dividend history supports expectations of continued payouts. However, analysts suggest caution, noting weak short-term trading signals and recommending strategic entry points for investors.3