Columbia Seligman Premium Technology Growth Func Inc ( (STK) ) has provided an announcement.
Columbia Seligman Premium Technology Growth Fund has announced a fourth-quarter distribution of $0.4625 per share, reflecting an annualized rate of 9.25% for IPO investors and 5.65% based on the current market price. The distribution is set for November 26, 2024, with further payments expected to avoid federal excise taxes. This decision follows a managed distribution policy, allowing multiple long-term capital gains distributions annually, which may not necessarily indicate investment performance.
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