Tri-Continental Corporation

Tri-Continental Corporation

TY
Tri-Continental CorporationUS flagNew York Stock Exchange
35.35
USD
+0.12
- -
1.88BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
3.25
5.19
-1.34
6.48
3.93
8.37
-5.4
4.8
6.23
- -
Basic EPS, GAAP
3.23
5.17
-1.36
6.42
3.91
8.35
-5.42
4.78
6.21
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.54
0.48
-0.24
4.24
6.59
10.09
2.09
5.59
8.59
- -
Tangible Book Value per Share
25.62
30.13
26.5
31.48
34.47
38.44
29.25
32.32
36.08
- -
Basic Weighted Avg Shares
57
54
54
53
51
52
54
53
52
- -
Sales/Revenue/Turnover
187
282
-72
342
199
437
-291
254
322
255
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
185
281
-73
341
198
436
-292
253
321
254
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
99.34
99.58
101.64
99.66
99.48
99.78
100.28
99.67
99.72
99.68
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
1,508
1,675
1,469
1,702
1,783
2,043
1,615
1,749
1,901
1,983
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
989.1
- -
- -
70.92
101.29
-91.44
123.85
86.73
54.22

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
2.99%
4.28%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
-45.51%
-20.71%
Sales/Revenue/Turnover
- -
-45.69%
-20.69%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
254
2024
- -
- -
- -
- -
322
2025
- -
- -
- -
- -
255

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4.78
2024
- -
- -
- -
- -
6.21
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
William F. Truscott
Sector
Financial Services
Industry
Asset Management
Address
290 Congress Street Boston MA United States of America 02210
IPO Date
Mar 17, 1980
Business
Tri-Continental Corporation Tri-Continental Corporation is a diversified, closed-end management investment company that seeks long-term growth of capital and current income through a flexible portfolio primarily invested in U.S. public equities across diversified sectors including technology, healthcare, financial services, and consumer discretionary; fixed-income securities such as corporate bonds and government obligations; and limited cash equivalents, with no charter restrictions on asset types or durations and benchmarking against the S&P 500 Index. Founded in 1929 and headquartered in Minneapolis, Minnesota, the fund is managed by Columbia Management Investment Advisers, LLC, and operates with a multi-strategy approach emphasizing large-cap stocks, value tilts, and sector diversification, holding approximately 120 positions with equities comprising around 68-71% of assets and fixed income 29-32% as of recent reports. In recent developments, Tri-Continental Corporation held its 95th Annual Meeting of Stockholders in 2025, re-electing directors Daniel J. Beckman, Janet Langford Carrig, Douglas A. Hacker, and Sandra L. Yeager for terms through 2028 and ratifying PricewaterhouseCoopers LLP as its independent auditor for fiscal year 2025; the Board re-approved the 2025 stock repurchase program identical to 2024's; and the company declared its fourth quarter distribution payable December 22, 2025, to shareholders of record on December 12, 2025.

Company News

APIChat
  • Tri-Continental Corporation Declares Second Quarter Distribution

  • Tri-Continental Corporation Declares Second Quarter Distribution

  • Tri-Continental Corporation Announcements Regarding 96th Annual Meeting of Stockholders

  • Tri-Continental Corporation Declares First Quarter Distribution

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  • Tri Continental Corporation $TY Shares Sold by Baltimore Washington Financial Advisors Inc.

  • TY: A Solid Hybrid CEF, But AI Concerns Might Be Headwinds

  • Tri-Continental Corporation Declares Fourth Quarter Distribution

  • Income-Covered Closed-End Fund Report, September 2025

  • TY: Large Discount And Decent Performance From This CEF

  • Tri-Continental Corporation Holds 95th Annual Meeting of Stockholders

  • Tri-Continental Corporation Declares Second Quarter Distribution

  • Tri-Continental Corporation Announcements Regarding 95th Annual Meeting of Stockholders

  • Tri-Continental Corporation Declares First Quarter Distribution

  • Tri-Continental Corporation Holds 94th Annual Meeting of Stockholders

  • PharmaEssentia Completes Patient Enrollment for Phase 2b EXCEED-ET Trial in Essential Thrombocythemia and Phase 3b ECLIPSE-PV Trial in Polycythemia Vera

  • TY: Massive Discount, But Variable Distribution Might Not Appeal To Everyone

  • Tri-Continental Corporation Declares Second Quarter Distribution

  • Tri-Continental Corporation Announcements Regarding 94th Annual Meeting of Stockholders