Is Tri-Continental Corp stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Tri-Continental Corp pays dividends. Last time was Monday 23rd of September 2024 where the investors holding the stock on Friday 13th of September 2024 were paid $0.2914 per share. Over the last 177 times between 1983 and 2024, Tri-Continental Corp has paid $79.0986 with an average of $0.45 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Tri-Continental Corp 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $26.94, you would have made a profit of $4.60 per share or 17.07%
Yes, the average daily trading liquidity for Tri-Continental Corp is $43 732 thousand. You should therefore be able to get in and out of your positions relatively fast.
Tri-Continental Corp has no real debt, which is good in periods of high inflation. Tri-Continental Corp has a very good net profit margin of 123.40% and should have very high tolerances against inflation.
We have calculated the inflation risk for Tri-Continental Corp to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.