Tri-Continental Dividend
Dividend criteria checks 3/6
Tri-Continental is a dividend paying company with a current yield of 3.77% that is well covered by earnings.
Key information
3.8%
Dividend yield
23%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$4.83 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Tri-Continental Corp: Thank You For Delivering A Solid 2023
Dec 03TY: Low-Cost Balanced CEF Available At A Nice Discount To NAV
Sep 15TY CEF: Trailing Other Investment Choices
Nov 09Tri-Continental: Solid Balanced Fund With Opportunity For High Distributions
Oct 28Tri-Continental declines by dividend 3.1% to $0.2695
Sep 02Tri-Continental: A Solid Balanced Fund With A Good Long-Term Performance Record
Nov 01Tri-Continental declares $0.2679 dividend
Nov 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TY's dividend payments have been volatile in the past 10 years.
Growing Dividend: TY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tri-Continental Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TY) | 3.8% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (TY) | n/a |
Notable Dividend: TY's dividend (3.77%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: TY's dividend (3.77%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.2%), TY's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate TY's cash payout ratio to determine if its dividend payments are covered by cash flows.