dividend
confidence high
sentiment neutral
materiality 0.55
Columbia Seligman Premium Technology Growth Fund declares special $0.2669/sh dividend to avoid excise tax
Columbia Seligman Premium Technology Growth Fund, Inc.
- Special distribution of $0.2669 per share declared, payable Jan 23, 2024 to holders of record Dec 18, 2023.
- Distribution entirely from net realized long-term capital gains to avoid 4% federal excise tax on excess income.
- Year-to-date cumulative total NAV return through Nov 30, 2023 was 30.22%; 5-year average annual NAV return 18.15%.
- Shareholders may elect to receive the distribution in cash; otherwise paid in stock automatically.