On 3/17/26, Tri Continental Corporation's $2.50 Cumulative Preferred Stock (Symbol: TY.PR) will trade ex-dividend, for its quarterly dividend of $0.625, payable on 4/1/26. As a percentage of TY.PR's recent share price of $44.14, this dividend works out to approximately 1.42%, so look for shares of TY.PR to trade 1.42% lower — all else being equal — when TY.PR shares open for trading on 3/17/26. On an annualized basis, the current yield is approximately 5.65%, which compares to an average yield of 6.56% in the "Financial" preferred stock category, according to Preferred Stock Channel.
The chart below shows the one year performance of TY.PR shares, versus TY:
Funds Holding GRH
Top Ten Hedge Funds Holding MU
Below is a dividend history chart for TY.PR, showing historical dividends prior to the most recent $0.625 on Tri Continental Corporation's $2.50 Cumulative Preferred Stock:
In Friday trading, Tri Continental Corporation's $2.50 Cumulative Preferred Stock (Symbol: TY.PR) is currently down about 0.2% on the day, while the common shares (Symbol: TY) are down about 0.6%.
Also see:
GURU Videos Funds Holding GRH
Top Ten Hedge Funds Holding MU
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
