NYSE:TY - Tri-Continental Stock Price, Forecast & News

Tri-Continental's stock was trading at $23.24 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TY stock has decreased by 10.0% and is now trading at $20.92. View which stocks have been mosted impacted by Coronavirus.

Tri-Continental declared a quarterly dividend on Monday, March 9th. Shareholders of record on Wednesday, March 18th will be given a dividend of $0.265 per share on Thursday, March 26th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date of this dividend is Tuesday, March 17th. This is a boost from Tri-Continental's previous quarterly dividend of $0.25. View Tri-Continental's dividend history.

News stories about TY stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tri-Continental earned a coverage optimism score of -1.8 on InfoTrie's scale. They also assigned media headlines about the investment management company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutTri-Continental.

Some companies that are related to Tri-Continental include DNP Select Income Fund (DNP), Nuveen Municipal Value Fund (NUV), Adams Diversified Equity Fund (ADX), PIMCO Corporate&Income Opportunity Fund (PTY), Gabelli Equity Trust (GAB), Liberty All-Star Equity Fund (USA), Royce Value Trust (RVT), Boulder Growth & Income Fund (BIF), Hercules Capital (HTGC), Blackrock Muniyield Insured Fund (MYI), AllianceBernstein Global Hgh Incm Fd (AWF), Invesco Van Kampen Munpl Oprtnty Tr (VMO), Templeton Global Income Fund (GIM), Tekla Healthcare Investors (HQH) and General American Investors (GAM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tri-Continental investors own include AT&T (T), Verizon Communications (VZ), Sasol (SSL), Suncor Energy (SU), Exxon Mobil (XOM), Becton Dickinson and (BDX), Pfizer (PFE), Wells Fargo & Co (WFC), AbbVie (ABBV) and Blackstone Group (BX).

Tri-Continental trades on the New York Stock Exchange (NYSE) under the ticker symbol "TY."

Tri-Continental's stock is owned by many different institutional and retail investors. Top institutional shareholders include Relative Value Partners Group LLC (1.03%), Blue Bell Private Wealth Management LLC (0.99%), Raymond James Financial Services Advisors Inc. (0.81%), UBS Group AG (0.54%), Raymond James & Associates (0.52%) and Bank of America Corp DE (0.32%). Company insiders that own Tri-Continental stock include Pamela G Carlton, Peter Albanese and Yan Jin. View institutional ownership trends for Tri-Continental.

TY stock was sold by a variety of institutional investors in the last quarter, including Relative Value Partners Group LLC, Landscape Capital Management L.L.C., Ancora Advisors LLC, Successful Portfolios LLC, Sheaff Brock Investment Advisors LLC, Raymond James Trust N.A., Winslow Evans & Crocker Inc., and Kelman Lazarov Inc.. View insider buying and selling activity for Tri-Continental.

TY stock was acquired by a variety of institutional investors in the last quarter, including Cornerstone Advisors LLC, Raymond James Financial Services Advisors Inc., TIAA FSB, Koshinski Asset Management Inc., Guyasuta Investment Advisors Inc., Raymond James & Associates, UBS Group AG, and American Institute for Advanced Investment Management LLP. Company insiders that have bought Tri-Continental stock in the last two years include Pamela G Carlton, and Yan Jin. View insider buying and selling activity for Tri-Continental.

Shares of TY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TY stock can currently be purchased for approximately $20.92.

Tri-Continental has a market capitalization of $1.12 billion.  View additional information about Tri-Continental.