$TY

This page provides comprehensive financial information for Tri-Continental Corporation (TY), including its stock price, news, and historical data. It offers an overview of the company as a closed-ended equity mutual fund managed by Columbia Management Investment Advisers, LLC, focusing on large-cap U.S. public equity markets. Key metrics like performance, valuation, profitability, balance sheet details, and comparisons with similar asset management companies are also presented.

Tri Continental (NYSE:TY) experienced a significant trading volume increase of 21%, with 55,070 shares changing hands and the stock trading around $33.01. The company recently announced a dramatic hike in its quarterly dividend to $2.3154 per share, representing an annualized yield of 28.3%. Institutional ownership in Tri Continental stands at 10.22%, with firms like Lazard and Shaker Financial materially increasing their positions.