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

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) announced a quarterly dividend on Friday, August 7th. Stockholders of record on Monday, August 17th will be given a dividend of 0.4625 per share on Tuesday, August 25th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Monday, August 17th.

Columbia Seligman Premium Technology Growth Fund Stock Performance

Columbia Seligman Premium Technology Growth Fund stock opened at $53.41 on Friday. Columbia Seligman Premium Technology Growth Fund has a 12-month low of $30.36 and a 12-month high of $58.46. The firm has a 50-day moving average price of $51.29 and a 200-day moving average price of $46.57.

Institutional Trading of Columbia Seligman Premium Technology Growth Fund

Several institutional investors have recently added to or reduced their stakes in STK. Allied Private Wealth LLC bought a new position in shares of Columbia Seligman Premium Technology Growth Fund during the second quarter valued at approximately $30,000. Fifth Third Bancorp bought a new stake in shares of Columbia Seligman Premium Technology Growth Fund during the 1st quarter worth approximately $47,000. Western Wealth Management LLC bought a new stake in shares of Columbia Seligman Premium Technology Growth Fund during the 1st quarter worth approximately $57,000. PNC Financial Services Group Inc. purchased a new position in Columbia Seligman Premium Technology Growth Fund during the 4th quarter valued at $86,000. Finally, Harbour Investments Inc. boosted its holdings in Columbia Seligman Premium Technology Growth Fund by 604.8% during the 4th quarter. Harbour Investments Inc. now owns 4,377 shares of the company’s stock valued at $161,000 after acquiring an additional 3,756 shares during the period.

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.