Tri-Continental Co. Announces — Dividend of $0.29 (NYSE:TY)

Tri-Continental Co. (NYSE:TY) declared a — dividend on Wednesday, November 20th,Wall Street Journal reports. Investors of record on Friday, December 13th will be given a dividend of 0.285 per share by the investment management company on Monday, December 23rd. This represents a yield of 3.3%. The ex-dividend date is Friday, December 13th.

Tri-Continental Stock Up 0.0 %

Tri-Continental stock traded up $0.01 on Wednesday, reaching $33.61. 20,027 shares of the stock were exchanged, compared to its average volume of 38,123. Tri-Continental has a twelve month low of $27.13 and a twelve month high of $34.30. The firm has a fifty day moving average price of $33.09 and a two-hundred day moving average price of $31.81.

Tri-Continental Company Profile

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.