dividend
confidence high
sentiment neutral
materiality 0.50
STK declares Q4 distribution of $0.4625/share, 9.25% annualized on IPO price
Columbia Seligman Premium Technology Growth Fund, Inc.
- Q4 distribution of $0.4625/share, payable Nov 21, 2023 to holders of record Nov 13, 2023 (ex-div Nov 10).
- Distribution represents 9.25% annualized rate on $20.00 IPO price, 7.28% on Oct 31 market price of $25.42.
- Entire distribution sourced from net realized long-term capital gains ($0.4625 per share).
- YTD through Nov 21, 2023: total distributions of $1.85/share, 96.91% from long-term capital gains.
- Fund's 5-year avg annual total NAV return 15.99%; annualized distribution rate 8.48% of NAV.