Tri-Continental Corporation Declares Q3 Dividends (TY)

Tri-Continental Corporation (NYSE: TY) today declared a third quarter distribution of $0.05 per share of Common Stock and $0.625 per share of Preferred Stock. Dividends on Common Stock will be paid on September 22, 2010 to Common Stockholders of record on September 13, 2010, and dividends on Preferred Stock will be paid on October 1, 2010 to Preferred Stockholders of record on September 13, 2010.

The ex-dividend date for both the Common Stock and the Preferred Stock is September 9, 2010. The $0.05 per share dividend on the Common Stock is in accordance with the Corporation’s earned distribution policy.

Find the latest business news at FOX Business