Tri-Continental Portfolio Manager Yan Jin Purchases 1,200 Shares (TY)
Tri-Continental (NYSE:TY) Portfolio Manager Yan Jin purchased 1,200 shares of Tri-Continental stock in a transaction dated Monday, June 9th. The stock was purchased at an average cost of $20.99 per share, with a total value of $25,188.00. Following the completion of the acquisition, the portfolio manager now directly owns 3,000 shares of the company’s stock, valued at approximately $62,970. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Tri-Continental (NYSE:TY) opened at 20.98 on Tuesday. Tri-Continental has a one year low of $17.22 and a one year high of $21.04. The stock has a 50-day moving average of $20.43 and a 200-day moving average of $19.88.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, June 24th. Shareholders of record on Monday, June 16th will be given a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend is Thursday, June 12th.
Tri-Continental Corporation (NYSE:TY) is a diversified, closed-end management investment company.
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