tiprankstipranks
Company Announcements

Columbia Seligman Fund Announces Special Distribution

Pick the best stocks and maximize your portfolio:

The latest announcement is out from Columbia Seligman Premium Technology Growth Func Inc ( (STK) ).

Columbia Seligman Premium Technology Growth Fund, Inc. has announced a special fourth quarter distribution of $3.2669 per share, aiming to avoid a 4% federal excise tax by distributing excess income. This distribution, payable in stock or cash, will be made on January 21, 2025, to stockholders of record as of December 16, 2024. The Fund’s managed distribution policy allows for more frequent long-term capital gains distributions, enhancing stockholder returns.

For detailed information about STK stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskColumbia Seligman Announces Fourth-Quarter Distribution
TipRanks Auto-Generated NewsdeskColumbia Seligman Fund Announces Key Financial Updates
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App