Columbia Seligman Premium Technology Growth Fund (NYSE:STK – Get Free Report) announced a quarterly dividend on Friday, August 7th. Shareholders of record on Monday, August 17th will be paid a dividend of 0.4625 per share on Tuesday, August 25th. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Monday, August 17th.
Columbia Seligman Premium Technology Growth Fund Stock Up 0.0%
Shares of STK stock opened at $53.41 on Friday. Columbia Seligman Premium Technology Growth Fund has a 52 week low of $30.36 and a 52 week high of $58.46. The firm’s 50-day simple moving average is $51.29 and its two-hundred day simple moving average is $46.57.
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.
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