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Tri-Continental Corporation PFD $2.50

TY-P · NYSE · Financial Services
$39.29
▲ $39.29 (1.52%)
$38.70 $39.13 $39.57 $40.00 $39.29 Sep 27 Sep 30 Oct 03
Day range
$38.70 – $39.29
Year range
$38.55 – $45.89
Open
$38.70
Previous close
—
Market cap
$1.75B
Volume (24h)
$1.5K
Volume (52w)
$59.72K
Performance
7D
▼ -0.53%
1M
▼ -5.67%
3M
▼ -7.31%
6M
▼ -10.77%
1Y
▼ -12.69%
YTD
▼ -10.85%
3Y
▼ -12.69%
5Y
▼ -30.41%
All-time
▲ 11.84%
Key statistics
P/E ratio
3.60
EPS (TTM)
$10.92
Dividend yield
6.36%
Dividend (TTM)
$2.50
Payout ratio
22.89%
Shares outstanding
44.6M
About Tri-Continental Corporation PFD $2.50

Tri-Continental Corporation operates as a U.S.-based closed-end investment fund. Its core mandate is to foster future growth in both capital and income, alongside providing a steady stream of current earnings. The fund's assets are evenly distributed between two key strategies: an equity segment that employs quantitative models for individual stock selection, and a Flexible Capital Income segment that strategically allocates investments across a company's entire financial structure, encompassing equities, fixed-income instruments, and convertible securities. This diversified fund holds investments across a broad spectrum of sectors, including but not limited to consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, telecommunication services, utilities, aerospace and defense, banking, and chemicals.

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Country: United States of America
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