TY Research | Milton Maxwell

Tri-Continental Corporation

32.12

-0.19-0.59%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

1.68B

P/E (TTM)

7.30

Basic EPS (TTM)

4.40

Dividend Yield

0.04%

Recent Filings

8-K

3/19/26Mar 19, 2026

8-K

Q1 distributions declared

3/6/26Mar 6, 2026

Tri-Continental Corporation declared a first-quarter ordinary income distribution of $0.2848 per common share and $0.6250 per preferred share, payable March 25 and April 1, 2026, to holders of record March 17. This aligns with its policy. Distributions stem from earnings, not capital. Leverage magnifies risks.

8-K

Q4 distributions declared

11/18/25Nov 18, 2025

Tri-Continental Corporation declared its Q4 distributions on November 18, 2025: $0.2711 per common share (ordinary income), $2.0443 per common share (capital gains, with $0.2541 short-term and $1.7902 long-term), and $0.6250 per preferred share. Common stock capital gains pay in stock on December 22, with cash election options; preferred on January 2, 2026. Distributions stem from earnings, not capital. Leverage magnifies risks.

8-K

Q3 distribution declared

9/5/25Sep 5, 2025

Tri-Continental Corporation declared a third quarter ordinary income distribution of $0.2654 per common share and $0.6250 per preferred share on September 5, 2025, payable September 24 and October 1 to holders of record on September 16. This payout aligns with the closed-end fund's policy, drawn entirely from earnings and profits without return of capital. Distributions vary. Leverage via preferred stock heightens volatility risks.

8-K

Annual meeting elects directors

6/24/25Jun 24, 2025

Tri-Continental Corporation held its 95th annual stockholder meeting on June 24, 2025, in Minneapolis, where investors re-elected directors Daniel J. Beckman, Janet Langford Carrig, Douglas A. Hacker, and Sandra L. Yeager for terms ending in 2028. Stockholders also ratified PricewaterhouseCoopers LLP as the independent auditor for fiscal 2025. Continuity intact. The board's recommendations passed without dissent, signaling strong governance alignment.

About

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. The fund benchmarks the performance of its portfolio against S&P 500 Index. Tri-Continental Corporation was formed in January 1929 and is domiciled in the United States.

CEO

Mr. William F. Truscott

IPO

3/17/1980

Website

https://www.columbiathreadneedleus.com

Sector

Financial Services

Industry

Asset Management