Dividend Information About Tri-Continental: Everything You Need to Know Before Its Ex-Dividend Date on Sep 16, 2025

Tri-Continental Corporation (TY) has announced a cash dividend of $0.2654 per share, to be distributed on Sep 24, 2025. This latest dividend announcement was made on Sep 5, 2025, with the ex-dividend date set for Sep 16, 2025. Investors must purchase shares before this date to be eligible for the payout. The upcoming dividend is slightly lower than the average of the last 10 dividend payments, which stood at $0.3035 per share. The company’s last cash dividend was issued on Jun 25, 2025, with a higher payment of $0.5637 per share, indicating a recent shift in the dividend pattern. Investors should note that the ex-dividend date of Sep 16, 2025, marks the cutoff for claiming the current dividend distribution.

Recent developments surrounding Tri-Continental have drawn investor attention, particularly in relation to its corporate governance and shareholder activity. Over the past week, insiders sold a significant portion of their holdings, with Christopher O. Petersen, a company insider, reportedly selling 151.282 shares of TY at $33.56 on Sep 4, 2025. This transaction reduced his beneficial ownership to zero, raising questions about insider sentiment and long-term confidence in the stock. Meanwhile, as of late, the company declared its third-quarter distribution, reaffirming its commitment to maintaining a consistent dividend policy despite the recent decline in per-share payout.

Additionally, Tri-Continental’s stock has been trading at a price of $33.72 as of recent market activity, with a yield of approximately 0.787%. The stock has been trading at a premium/discount of -10.0%, reflecting broader market conditions for closed-end funds. Analysts have noted that Tri-Continental’s operations continue to be influenced by macroeconomic factors, including interest rates and market volatility, which may impact its future performance. The recent dividend reduction, coupled with insider sales, suggests the company may be recalibrating its capital structure or responding to shifting market dynamics.

In conclusion, Tri-Continental’s upcoming ex-dividend date on Sep 16, 2025, is a key event for shareholders, as it is the last day to purchase shares and qualify for the current dividend. Investors should carefully consider the recent developments, including the lower-than-average payout and insider activity, when evaluating their positions. The company’s ongoing performance and strategic direction will remain critical factors in assessing its long-term value and investment potential.