Is Tri-Continental 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 pays dividends. Last time was Monday 1st of July 2024 where the investors holding the stock on Monday 10th of June 2024 were paid $0.625 per share. Over the last 139 times between 1989 and 2024, Tri-Continental has paid $86.875 with an average of $0.63 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Tri-Continental 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $54.46, you would have made a loss of $-6.80 per share or -12.49%
No, the average daily trading liquidity for Tri-Continental is $1 091 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Tri-Continental has no real debt, which is good in periods of high inflation. Tri-Continental 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 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.