Tri Continental Corporation Stock Dividends
TY pays dividends quarterly. Last paid amount was $0.256 at Mar 19, 2024. As of today, dividend yield (TTM) is 3.22%.
Dividend Yield Range
AI Analysis of TY
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.22% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -10.49% |
| Payout Ratio | 0 |
| Amount Per Share | $0.256 |
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Tri Continental Corporation has not yet announced its next dividend date. Last payment date was: Mar 19, 2024.
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TY Dividend Payout History
To ensure a understanding of TY's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 01, 2024 | Mar 08, 2024 | Mar 19, 2024 | $0.256 | 0.85% |
| 2 | Nov 16, 2023 | Dec 08, 2023 | Dec 19, 2023 | $0.101 | 0.350% |
| 3 | Sep 01, 2023 | Sep 08, 2023 | Sep 19, 2023 | $0.261 | 0.96% |
| 4 | May 18, 2023 | Jun 09, 2023 | Jun 21, 2023 | $0.286 | 1.06% |
| 5 | Jun 09, 2023 | Mar 10, 2023 | Mar 21, 2023 | $0.290 | 1.11% |
| 6 | Nov 17, 2022 | Dec 09, 2022 | Dec 20, 2022 | $0.265 | 1.03% |
| 7 | Sep 06, 2022 | Sep 09, 2022 | Sep 20, 2022 | $0.270 | 1.01% |
| 8 | May 20, 2022 | Jun 10, 2022 | Jun 22, 2022 | $0.311 | 1.19% |
| 9 | Mar 07, 2022 | Mar 15, 2022 | Mar 24, 2022 | $0.270 | 0.88% |
| 10 | Nov 22, 2021 | Dec 14, 2021 | Dec 23, 2021 | $0.300 | 0.91% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
TY Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TY dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TY stock here.
Comparing TY to Sector and Country
TY pays a solid dividend yield of 3.22%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.89%). TY’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.
TY Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Horace Mann Educators Corporation | 1.504B | $0.340 | 4.16% | 119.78% | |
| Tri Continental Corporation | 1.595B | $0.256 | 3.22% | - |
