Tri-Continental Corporation Declares First Quarter Distribution
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 share of Preferred Stock.
- 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 share of Preferred Stock.
- The $0.2560 per share ordinary income distribution on the Common Stock is in accordance with the Corporation’s distribution policy.
- 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).