Looking at the universe of stocks we cover at Dividend Channel , on 9/15/16, Tri Continental Corporation (Symbol: TY) will trade ex-dividend, for its quarterly dividend of $0.2336, payable on 9/27/16. As a percentage of TY's recent stock price of $21.26, this dividend works out to approximately 1.10%, so look for shares of Tri Continental Corporation to trade 1.10% lower - all else being equal - when TY shares open for trading on 9/15/16.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TY is likely to continue, and whether the current estimated yield of 4.40% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TY shares, versus its 200 day moving average:
Looking at the chart above, TY's low point in its 52 week range is $17.38 per share, with $21.71 as the 52 week high point - that compares with a last trade of $21.27.
In Tuesday trading, Tri Continental Corporation shares are currently down about 0.8% on the day.