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Tri-Continental Corporation (TY)

Financial Services | Asset Management | Boston, United States | NYSE
35.59 USD
After hours: 35.59

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★★★☆
Hot Take | Aug. 22, 2026, 6:07 a.m. EDT

The most compelling aspect of this instrument is its exceptional dividend profile, which offers a 3.21% yield backed by a robust 82-year track record and a conservative payout ratio of roughly 22%. This suggests the company is generating ample cash flow relative to its distribution, making it a reliable income vehicle despite the modest growth trajectory. However, the long-term investment case faces headwinds from a shrinking revenue base, which declined by 3.1% recently, indicating that the business is contracting rather than expanding. While the stock trades at a discount to book value and has delivered a positive cumulative return over the last nine years, the lack of top-line growth limits the potential for significant capital appreciation. On the short end, the price action shows signs of consolidation near resistance levels with a neutral statistical forecast, suggesting no immediate explosive momentum is forming to drive a quick rally. Consequently, this appears best suited as a defensive income holding rather than a high-growth equity play.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.008947
AutoARIMA0.009448
AutoETS0.009448
AutoTheta0.009953

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 71%
H-stat 0.56
Ljung-Box p 0.109
Jarque-Bera p 0.205
Excess Kurtosis 0.26
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-06-15
Last Dividend Date 2026-06-15
Revenue per Share 1.275
Market Cap 1,894,576,128
Trailing P/E 7.25
Beta 0.85
Profit Margins 372.65%
Website https://www.columbiathreadneedleus.com

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.36% 4.87% 4.42% 4.26%
Dividend History
Date Dividend Yield %
2026-06-16 0.829 2.361151
2026-03-17 0.285 0.889791
2025-12-12 0.271 0.836162
2025-09-16 0.265 0.785651
2025-06-16 0.290 0.941864
2025-03-18 0.277 0.908793
2024-12-13 0.285 0.889791
2024-09-13 0.291 0.904851
2024-06-10 0.578 1.902568
2024-03-08 0.256 0.855615
2023-12-08 0.277 1.009475
2023-09-08 0.261 0.965594
2023-06-09 0.286 1.080877
2023-03-10 0.290 1.126214
2022-12-09 0.265 1.007605
2022-09-09 0.270 0.963597
2022-06-10 0.311 1.130498
2022-03-15 0.270 0.919932
2021-12-14 0.300 0.938673
2021-09-14 0.299 0.876319
2021-06-15 0.239 0.699239
2021-03-16 0.246 0.771402
2020-12-15 0.268 0.916553
2020-09-15 0.262 1.005372
2020-06-16 0.282 1.121718
2020-03-17 0.265 1.293945
2019-12-17 0.251 0.904505
2019-09-17 0.260 0.958702
2019-06-18 0.372 1.388060
2019-03-19 0.240 0.912201
2018-12-18 0.252 1.075085
2018-09-18 0.239 0.861261
2018-06-19 0.453 1.676536
2018-03-21 0.230 0.859171
2017-12-20 0.404 1.519368
2017-09-15 0.261 1.038599
2017-06-15 0.251 1.041062
2017-03-16 0.251 1.084233
2016-12-15 0.240 1.094891
2016-09-15 0.234 1.109005
2016-06-16 0.220 1.091270
2016-03-10 0.216 1.122078
2015-12-10 0.209 1.054490
2015-09-10 0.195 0.987342
2015-06-11 0.201 0.927122
2015-03-12 0.205 0.946008
2014-12-11 0.201 0.955323
2014-09-11 0.193 0.911237
2014-06-12 0.185 0.895450
2014-03-13 0.173 0.881304
2013-12-12 0.163 0.848516
2013-09-12 0.162 0.886214
2013-06-13 0.162 0.898502
2013-03-14 0.190 1.087579
2012-12-14 0.190 1.202532
2012-09-14 0.155 0.946276
2012-06-15 0.150 0.991408
2012-03-16 0.105 0.655840
2011-12-08 0.075 0.536865
2011-09-08 0.070 0.519673
2011-06-09 0.065 0.449516
2011-03-10 0.065 0.455182
2010-12-09 0.105 0.783582
2010-09-09 0.050 0.424809
2010-06-10 0.050 0.432526
2010-03-18 0.044 0.360065
2009-12-10 0.044 0.392507
2009-09-10 0.044 0.406279
2009-05-28 0.049 0.530878
2009-03-12 0.056 0.709759
2008-11-25 0.428 4.267199
2008-09-05 0.513 3.064516
2008-06-06 0.540 2.963776
2008-03-14 0.633 3.661076
2007-12-06 0.722 3.269928
2007-09-07 0.755 3.265571
2007-07-13 0.707 2.721324
2007-03-16 0.260 1.176471
2006-12-08 0.070 0.314465
2006-09-15 0.070 0.338164
2006-06-08 0.070 0.360082
2006-03-13 0.070 0.350526
2005-12-02 0.070 0.373134
2005-09-16 0.060 0.326264
2005-06-09 0.060 0.334262
2004-12-02 0.110 0.614869
2004-09-16 0.040 0.239234
2004-06-10 0.048 0.286055
2004-03-18 0.040 0.233781
2003-12-04 0.040 0.251256
2003-09-12 0.040 0.261609
2003-06-13 0.040 0.268456
2003-03-14 0.050 0.397456
2002-12-05 0.070 0.502874
2002-09-13 0.070 0.484429
2002-06-17 0.070 0.414201
2002-03-15 0.070 0.355330
2001-12-06 1.080 5.532787
2001-06-07 0.173 0.776481
2001-03-16 0.070 0.335249
2000-12-07 2.820 12.709859
2000-09-15 0.080 0.304762
2000-06-08 0.640 2.547264
2000-03-16 0.090 0.369231
1999-12-08 3.244 11.259002
1999-09-10 0.120 0.391837
1999-06-11 0.790 2.666667
1999-03-16 0.128 0.438544
1998-12-09 2.570 9.303167
1998-09-10 0.130 0.544503
1998-06-08 1.965 6.925110
1998-03-17 0.130 0.447312
1997-12-10 2.780 10.490566
1997-09-18 0.150 0.516129
1997-06-16 0.957 3.528111
1997-03-12 0.160 0.627451
1996-12-11 2.150 8.820513
1996-09-19 0.160 0.646465
1996-06-19 0.170 0.701031
1996-03-20 0.170 0.708333
1995-12-13 0.180 0.782609
1995-09-20 0.180 0.757895
1995-09-18 0.180 0.753927
1995-06-21 0.180 0.795580
1995-03-20 0.190 0.910180
1994-12-12 0.198 0.996226
1994-12-02 1.900 9.268293
1994-09-19 0.200 0.879121
1994-06-20 0.190 0.839779
1994-03-14 0.190 0.812834
1993-12-13 0.220 0.936170
1993-11-30 1.800 7.578947
1993-09-15 0.200 0.796020
1993-06-14 0.190 0.760000
1993-03-15 0.197 0.761353
1992-12-09 0.230 0.901961
1992-12-01 0.700 2.731707
1992-09-14 0.195 0.693333
1992-06-15 0.180 0.657534
1992-03-16 0.180 0.679245
1991-12-16 0.230 0.876190
1991-11-22 1.800 7.058824
1991-09-16 0.190 0.720379
1991-06-17 0.180 0.712871
1991-03-18 0.180 0.746114
1990-12-17 0.250 1.142857
1990-11-26 1.600 7.485380
1990-09-17 0.220 1.005714
1990-06-18 0.200 0.812183
1990-03-19 0.190 0.835165
1989-12-18 0.230 1.010989
1989-11-30 2.550 11.208791
1989-09-19 0.220 0.926316
1989-06-15 0.200 0.888889
1989-03-14 0.190 0.944099
1988-12-15 0.250 1.282051
1988-11-28 0.205 1.031447
1988-09-19 0.205 0.959064
1988-06-20 0.190 0.883721
1988-03-17 0.180 0.808989
1987-12-14 0.250 1.129944
1987-11-30 3.680 16.000000
1987-09-14 0.200 0.610687
1987-06-15 0.220 0.687500
1987-03-16 0.220 0.669202
1987-01-29 0.050 0.154440
1986-12-15 4.620 15.727660
1986-09-15 0.230 0.779661
1986-06-16 0.230 0.757202
1986-03-17 0.230 0.782979
1986-01-29 2.620 9.614679
1985-12-16 0.300 1.030043
1985-09-16 0.250 0.947867
1985-06-17 0.250 0.966184
1985-03-18 0.240 0.974619
1985-01-30 2.400 9.746193
1984-12-17 0.340 1.387755
1984-09-17 0.290 1.195876
1984-06-18 0.260 1.181818
1984-03-19 0.240 1.026738
1984-01-26 4.460 17.576355
1983-12-16 0.320 1.108225
1983-09-19 0.280 1.046729
1983-06-20 0.250 0.909091
Additional Data
dividendRate 1.14
dividendYield 3.21
exDividendDate 2026-06-16
trailingAnnualDividendRate 1.103
trailingAnnualDividendYield 0.030991852
lastDividendValue 0.829
lastDividendDate 2026-06-16
dividendDate 2018-12-27

Info Dump

Attribute Value
52 Week Change 0.06365812
Address1 290 Congress Street
All Time High 36.55
All Time Low 6.86
Ask 35.68
Ask Size 100
Average Daily Volume10 Day 26,650
Average Daily Volume3 Month 33,575
Average Volume 33,575
Average Volume10Days 26,650
Beta 0.85
Bid 35.63
Bid Size 200
Book Value 36.348
City Boston
Country United States
Crypto Tradeable 0
Currency USD
Current Price 35.59
Current Ratio 6.64
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 35.8675
Day Low 35.475
Display Name Tri-Continental
Dividend Date 1,545,868,800
Dividend Rate 1.14
Dividend Yield 3.21
Earnings Growth 0.165
Earnings Quarterly Growth 0.185
Earnings Timestamp End 1,757,332,800
Earnings Timestamp Start 1,756,897,140
Ebitda Margins 0.0
Enterprise To Revenue 28.465
Enterprise Value 1,942,540,672
Eps Trailing Twelve Months 4.91
Esg Populated 0
Ex Dividend Date 1,781,568,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 35.2064
Fifty Day Average Change 0.38359833
Fifty Day Average Change Percent 0.010895698
Fifty Two Week Change Percent 6.365812
Fifty Two Week High 36.55
Fifty Two Week High Change -0.9599991
Fifty Two Week High Change Percent -0.026265366
Fifty Two Week Low 30.53
Fifty Two Week Low Change 5.0599995
Fifty Two Week Low Change Percent 0.1657386
Fifty Two Week Range 30.53 - 36.55
Financial Currency USD
First Trade Date Milliseconds 322,151,400,000
Five Year Avg Dividend Yield 3.63
Full Exchange Name NYSE
Fullday Change 0.0
Fullday Change Percent 0.0
Fullday Price 35.59
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 68,243,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.14513999
Implied Shares Outstanding 53,233,385
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,781,568,000
Last Dividend Value 0.829
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name Tri-Continental Corporation
Market us_market
Market Cap 1,894,576,128
Market State CLOSED
Max Age 86,400
Message Board Id finmb_380119
Most Recent Quarter 1,767,139,200
Net Income To Common 252,426,960
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,894,576,172
Open 35.74
Operating Margins 0.8677
Payout Ratio 0.22469999
Phone 800 225 2365
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 35.59
Post Market Time 1,787,959,805
Previous Close 35.59
Price Hint 2
Price To Book 0.97914606
Price To Sales Trailing12 Months 27.762205
Profit Margins 3.72652
Quick Ratio 6.595
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 35.8675
Regular Market Day Low 35.475
Regular Market Day Range 35.475 - 35.8675
Regular Market Open 35.74
Regular Market Previous Close 35.59
Regular Market Price 35.59
Regular Market Time 1,787,947,202
Regular Market Volume 23,089
Return On Assets 0.01916
Return On Equity 0.13091
Revenue Growth -0.031
Revenue Per Share 1.275
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 53,233,385
Shares Percent Shares Out 0.0
Shares Short 547
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 654
Short Name Tri Continental Corporation
Short Ratio 0.03
Source Interval 15
State MA
Symbol TY
Total Cash 186,222
Total Cash Per Share 0.003
Total Debt 0
Total Revenue 68,243,000
Tradeable 0
Trailing Annual Dividend Rate 1.103
Trailing Annual Dividend Yield 0.030991852
Trailing Eps 4.91
Trailing P E 7.2484727
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 33.89935
Two Hundred Day Average Change 1.6906509
Two Hundred Day Average Change Percent 0.049872667
Type Disp Equity
Volume 23,089
Website https://www.columbiathreadneedleus.com
Zip 2,210