dividend
confidence high
sentiment neutral
materiality 0.70
Columbia Seligman declares special $3.2669/share distribution to avoid 2024 excise tax
Columbia Seligman Premium Technology Growth Fund, Inc.
- Special distribution of $3.2669 per share declared for STK, payable Jan 21, 2025 to holders of record Dec 16, 2024.
- Distribution consists of 90.44% long-term capital gains ($2.9547/sh) and 9.56% short-term gains ($0.3122/sh); no return of capital.
- Distribution is automatically paid in stock unless stockholder elects cash by 5pm ET Jan 10, 2025.
- Fund's year-to-date total distributions through payment date are estimated at $5.1169/sh, all from capital gains.
- 5-year average annual NAV total return through Nov 30, 2024 was 18.91%; annualized distribution rate was 5.92% of NAV.