Tri-Continental Co. (TY) To Go Ex-Dividend on December 13th

Tri-Continental Co. (NYSE:TY) declared a — dividend on Tuesday, November 19th,Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid 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 of this dividend is Friday, December 13th.

Tri-Continental Trading Down 0.6 %

Shares of TY opened at $34.18 on Wednesday. Tri-Continental has a fifty-two week low of $27.41 and a fifty-two week high of $34.82. The firm has a 50-day simple moving average of $33.60 and a 200-day simple moving average of $32.20.

About Tri-Continental

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.