Tri-Continental declares second quarter distribution of $0.2852 per common share
Tri-Continental Corporation (NYSE: TY) declared a second quarter ordinary income distribution of $0.2852 per common share and $0.6250 per preferred share, plus a special capital gain distribution of $0.5442 per common share. The capital gain distribution will be paid in stock, with stockholders able to elect shares, cash, or a mix, which affects how holders receive that payment.
Key points
- Ordinary income distribution: $0.2852 per common share and $0.6250 per preferred share
- Capital gain distribution: $0.5442 per common share, including $0.1032 short-term and $0.4410 long-term gains, paid in stock unless a cash election is made
- Record date June 16, 2026 for both classes; ex-dividend date June 16, 2026
- Common stock paid June 25, 2026; preferred stock paid July 1, 2026
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.