Tri-Continental Corporation declares first quarter dividend of $0.2507 per share.

Tri-Continental Corporation declared a first quarter distribution of $0.2507 per share of Common Stock and $0.6250 per share of Preferred Stock. The dividend on Common Stock is in accordance with the Corporation's earned distribution policy. Dividends will be paid on March 28, 2017 and April 3, 2017, respectively, to Common and Preferred Stockholders of record on March 20, 2017. The ex-dividend date for both stocks is March 16, 2017.