Tri-Continental Corporation Declares First Quarter Distribution
05 3월 2011 - 2:43AM
Business Wire
Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today
declared a first quarter distribution of $0.065 per share of Common
Stock and $0.625 per share of Preferred Stock. Dividends on Common
Stock will be paid on March 22, 2011 to Common Stockholders of
record on March 14, 2011, and dividends on Preferred Stock will be
paid on April 1, 2011 to Preferred Stockholders of record on March
14, 2011. The ex-dividend date for both the Common Stock and the
Preferred Stock is March 10, 2011. The $0.065 per share dividend on
the Common Stock is in accordance with the Corporation’s earned
distribution policy.
The Corporation has paid dividends on its common stock for 67
consecutive years. The Corporation’s investment manager is Columbia
Management Investment Advisers, LLC (formerly known as RiverSource
Investments, LLC), a wholly owned subsidiary of Ameriprise
Financial, Inc. Columbia Management Investment Distributors, Inc.
(formerly known as RiverSource Fund Distributors, Inc.) is the
principal underwriter of the Columbia, Wanger, Columbia Acorn,
RiverSource, Seligman and Threadneedle branded mutual funds.
The net asset value of shares of a closed-end fund may not
always correspond to the market price of such shares. Common stock
of many closed-end funds frequently trade at a discount from their
net asset value. The Corporation is subject to stock market risk,
which is the risk that stock prices overall will decline over short
or long periods, adversely affecting the value of an investment in
the Corporation.
You should consider the investment objectives, risks, charges,
and expenses of the Corporation carefully before investing. A
prospectus containing information about the Corporation (including
its investment objectives, risks, charges, expenses, and other
information about the Corporation) may be obtained by contacting
your financial advisor or Columbia Management Investment Services
Corp. (formerly RiverSource Service Corporation) at 800-345-6611.
The prospectus can also be found on the Securities and Exchange
Commission’s EDGAR database. The prospectus should be read
carefully before investing in the Corporation. There is no
guarantee that the Corporation’s investment goals/objectives will
be met or that distributions will be made, and you could lose
money.
NOT FDIC INSURED MAY LOSE VALUE NO BANK
GUARANTEE NOT A DEPOSIT NOT INSURED BY ANY
FEDERAL GOVERNMENT AGENCY
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