dividend
confidence high
sentiment neutral
materiality 0.50
STK declares special $1.2869 distribution to avoid 4% excise tax
Columbia Seligman Premium Technology Growth Fund, Inc.
- Special distribution of $1.2869 per share, payable Jan 18, 2022 to holders of record Dec 13, 2021; ex-div Dec 10.
- Distribution comprises 23.81% short-term and 76.19% long-term capital gains; no return of capital.
- Automatic stock payout with cash election option available through Jan 6, 2022.
- Fund's year-to-date total distributions through payment date estimated at $3.1369 per share.
- Regular managed distribution expected to continue in February 2022.