Attached files
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8-K - FORM 8-K - TRI-CONTINENTAL CORP | c54986e8vk.htm |
Media contact:
|
Charles Keller | |
612-678-7786 | ||
charles.r.keller@ampf.com | ||
Stockholder contact:
|
Chris Moran | |
617-218-3864 | ||
christopher.m.moran@ampf.com |
TRI-CONTINENTAL CORPORATION
DECLARES FOURTH QUARTER DISTRIBUTION
DECLARES FOURTH QUARTER DISTRIBUTION
MINNEAPOLIS, MN, December 4, 2009 Tri-Continental Corporation (the Corporation) (NYSE: TY)
today declared a fourth quarter distribution of $0.044 per share of Common Stock and $0.625 per
share of Preferred Stock. Dividends on Common Stock will be paid on December 21, 2009 to Common
Stockholders of record on December 14, 2009, and dividends on Preferred Stock will be paid on
January 4, 2010 to Preferred Stockholders of record on December 14, 2009. The ex-dividend date for
both the Common Stock and the Preferred Stock is December 10, 2009.
The $0.044 per share dividend on the Common Stock is in accordance with the Corporations earned
distribution policy, which was adopted by the Corporations Board of Directors on January 8, 2009
and replaced the level rate distribution policy that was in effect prior to such date.
The Corporation has paid dividends for 65 consecutive years. The Corporation is managed by
RiverSource Investments, LLC, a wholly owned subsidiary of Ameriprise Financial, Inc. RiverSource
Fund Distributors, Inc. and RiverSource Distributors, Inc. are the principal underwriters of the
RiverSource Family of Funds, which includes the Corporation.
The net asset value of shares of a closed-end fund may not always correspond to the market price of
such shares. Common stock of many closed-end funds frequently trade at a discount from their net
asset value. The Corporation is subject to stock market risk, which is the risk that stock prices
overall will decline over short or long periods, adversely affecting the value of an investment in
the Corporation.
You should consider the investment objectives, risks, charges, and expenses of the Corporation
carefully before investing. A prospectus containing information about the Corporation (including
its investment objectives, risks, charges, expenses, and other information about the Corporation)
may be obtained by contacting your financial advisor or RiverSource Service Corporation at
800-221-2450. The prospectus can also be found on the Securities and Exchange Commissions EDGAR
database. The prospectus should be read carefully before investing in the Corporation.
There is no guarantee that the Corporations investment goals/objectives will be met or that
distributions will be made, and you could lose money.
NOT FDIC INSURED
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MAY LOSE VALUE | NO BANK GUARANTEE |
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NOT A DEPOSIT
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NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY |