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Columbia Seligman Premium Technology Growth Func Inc ( (STK) ) has shared an announcement.
On February 7, 2025, Columbia Seligman Premium Technology Growth Fund announced a first-quarter distribution of $0.4625 per share, reflecting a 9.25% annualized rate based on its initial public offering price. This distribution, payable on February 25, 2025, to shareholders of record on February 18, 2025, follows the company’s managed distribution policy, which allows periodic long-term capital gains distributions, a shift from its previous level rate policy. The announcement indicates the company’s commitment to providing substantial returns to investors, with the distribution comprising mainly of long-term capital gains, highlighting the fund’s strong performance and strategic distribution approach.
More about Columbia Seligman Premium Technology Growth Func Inc
Columbia Seligman Premium Technology Growth Fund, Inc. operates in the financial industry, focusing on investment fund management. The company specializes in providing technology growth investments and offers managed distribution policies aimed at delivering consistent returns to its investors.
YTD Price Performance: 2.36%
Average Trading Volume: 36,841
Learn more about STK stock on TipRanks’ Stock Analysis page.
