Is Tri-Continental Corporation a good dividend stock?

Tri-Continental Corporation (TY) is a dividend-paying stock with a current dividend yield of 10.86%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is TY's dividend yield?

The dividend yield for TY stock is currently 10.86%.

How much does TY pay in dividends per year?

Tri-Continental Corporation pays an annual dividend of $3.7258 per share over the trailing twelve months.

How often does TY pay dividends?

TY stock pays dividends quarterly.

Is TY's dividend growing?

Tri-Continental Corporation's 3-year dividend CAGR is 28.23%.

TY Stock Price, Chart, Stats & News

Tri-Continental Corporation

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Overview Dividend safety Dividends Fundamentals

Tri-Continental Corporation (TY) is a dividend-paying stock with a current dividend yield of 10.86% as of Sep 29, 2026. It pays $3.73 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 17.02% 5-year compound annual rate.

1.83B

Market cap

5.51x

Current P/E

–

Forward P/E

10.86%

Dividend yield

$3.73

TY dividend

Dividend safety

Strong

Dividend coverage looks healthy — TY pays out about 60% of earnings.

See the safety analysis

TY chart

Fundamentals

Gross margin	97.31%
Operating margin	131.63%
Pretax margin	160.95%
Net margin	160.95%
Effective tax rate	–
ROA	12.81%
ROE	13.09%
D/E	–
Interest coverage ratio	263255.69x

All financials

TY valuation

P/E	5.51x
P/S	10.18x
P/B	0.84x
P/CF	–
P/FCF	–
P/OCF	–
PEG	0.51x
EV multiple	9.05x

About

The Tri-Continental Corporation operates as a closed-end equity mutual fund, managed by Columbia Management Investment Advisers, LLC. Its core strategy involves investing in publicly traded large-capitalization companies spanning various sectors within the United States equity markets. The fund's investment performance is benchmarked against the S&P 500 Index.