Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Announces Quarterly Dividend of $0.46

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) announced a quarterly dividend on Friday, May 8th. Shareholders of record on Monday, May 18th will be paid a dividend of 0.4625 per share on Tuesday, May 26th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Monday, May 18th.

Columbia Seligman Premium Technology Growth Fund Trading Down 2.8%

Shares of NYSE:STK opened at $50.11 on Friday. The business’s fifty day moving average price is $43.27 and its two-hundred day moving average price is $39.99. Columbia Seligman Premium Technology Growth Fund has a fifty-two week low of $28.00 and a fifty-two week high of $52.04.

Columbia Seligman Premium Technology Growth Fund Company Profile

The Columbia Seligman Premium Technology Growth Fund (NYSE: STK) is a diversified, closed-end management investment company launched in 1995. Co-managed by Columbia Management Investment Advisers, LLC and Seligman Fund Advisers, the fund seeks long-term capital growth by investing primarily in common stocks of U.S. technology and technology-enabled companies. Its portfolio typically spans sub-sectors such as software, semiconductors, hardware, communications and internet services, with an emphasis on firms exhibiting strong revenue growth and innovative product development.

In addition to equity investments, the fund employs a covered-call option overlay strategy designed to generate premium income, enhance monthly distributions and potentially reduce portfolio volatility.