Headlines about Tri-Continental (NYSE:TY) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tri-Continental earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 46.984677632048 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Tri-Continental (NYSE TY) opened at $27.36 on Wednesday. Tri-Continental has a 52-week low of $22.23 and a 52-week high of $27.53.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Thursday, December 21st were given a $0.3094 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date of this dividend was Wednesday, December 20th. This is a boost from Tri-Continental’s previous quarterly dividend of $0.26.
COPYRIGHT VIOLATION WARNING: “Tri-Continental (TY) Given Daily News Impact Score of 0.06” was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark legislation. The legal version of this piece can be viewed at https://ledgergazette.com/2018/01/10/tri-continental-ty-given-daily-news-impact-score-of-0-06.html.
Tri-Continental Company Profile
Tri-Continental Corporation (the Fund) is a diversified, closed-end management investment company. The Fund’s objective is to produce future growth of both capital and income while providing reasonable current incomes. The Fund’s permissible investments include preferred and common stocks, convertible securities, including convertible preferred stocks and convertible bonds, debt securities, repurchase agreements, derivatives, including options, futures contracts and equity-linked notes, illiquid securities and securities of foreign issuers, including emerging markets issuers.
Receive News & Ratings for Tri-Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tri-Continental and related companies with MarketBeat.com's FREE daily email newsletter.