Tri-Continental Corporation declared a second quarter ordinary income distribution of $0.2905 per share of Common Stock and $0.6250 per share of Preferred Stock. In addition, the Corporation declared a total long-term capital gain distribution of $0.2878 per share of Common Stock. Distributions on Common Stock will be paid on June 18, 2024 to Common Stockholders of record on June 10, 2024, and dividends on Preferred Stock will be paid on July 1, 2024 to Preferred Stockholders of record on June 10, 2024.

The ex-dividend date for both the Common Stock and the Preferred Stock is June 10, 2024. The $0.2905 per share ordinary income distribution and the $0.2878 per share capital gain distribution on the Common Stock is in accordance with the Corporation?s distribution policy. The capital gain distribution, being a special distribution, will be paid in stock except that any stockholder of record as of June 10, 2024, may elect to receive such distribution as follows: 75% in shares and 25% in cash; 50% in shares and 50% in cash; or 100% in cash.