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Looking at the universe of stocks we cover at Dividend Channel, on 3/8/24, Tri Continental Corporation (Symbol: TY) will trade ex-dividend, for its quarterly dividend of $0.256, payable on 3/19/24. As a percentage of TY's recent stock price of $29.69, this dividend works out to approximately 0.86%, so look for shares of Tri Continental Corporation to trade 0.86% lower — all else being equal — when TY shares open for trading on 3/8/24.

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 3.45% 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 $25.16 per share, with $29.9765 as the 52 week high point — that compares with a last trade of $29.76.

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In Wednesday trading, Tri Continental Corporation shares are currently off about 0.5% on the day.

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Also see:

IMCC shares outstanding history
DOVA Historical Stock Prices
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.