Tri-Continental Corporation announced on September 4, 2026, that it has declared a third-quarter ordinary income distribution of $0.2962 per share of its Common Stock. The company also declared a distribution of $0.6250 per share for its Preferred Stock. The distributions are scheduled to be paid on September 22, 2026, to Common Stockholders of record as of September 14, 2026. Dividends on Preferred Stock are set to be paid on October 1, 2026, also to holders of record on September 14, 2026. The ex-dividend date for both classes of stock is September 14, 2026.
The company stated that the $0.2962 per share ordinary income distribution on the Common Stock is in accordance with the Corporation’s distribution policy. Tri-Continental has paid dividends on its common stock for 82 consecutive years. The company noted that its distributions on common stock will vary and that current distributions are derived from the earnings and profits of the Corporation. The company emphasized that no amount of the current distribution consists of a return of capital.
The filing includes standard risk disclosures regarding the investment, noting that the net asset value of the Corporation’s common shares may not always correspond to the market price and that shares of closed-end funds frequently trade at a discount from their net asset value. The document also highlights that the Corporation is managed by Columbia Management Investment Advisers, LLC, a wholly-owned subsidiary of Ameriprise Financial, Inc.
