dividend
confidence high
sentiment neutral
materiality 0.30
Columbia Seligman Premium Tech Growth Fund declares Q3 distribution $0.4625/sh, 9.25% annualized
Columbia Seligman Premium Technology Growth Fund, Inc.
- Distribution of $0.4625 per share pays Aug 22, 2023; record Aug 14, ex-div Aug 11.
- 9.25% annualized rate on IPO price of $20.00; 5.96% annualized on July 31 market price of $31.04.
- Estimated breakdown: 30.44% long-term cap gains, 69.56% return of capital.
- Year-to-date total distributions through Aug 22: $1.3875/sh; 72.70% from long-term cap gains.
- 5-year avg annual total NAV return 17.08%; annualized distribution rate 7.36% of NAV.