Columbia Seligman Premium Technology Growth Fund Announces a Fourth Quarter Distribution: 9.25% Annual Rate for IPO Investors
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Columbia Seligman Premium Technology Growth Fund (NYSE: STK) announced a fourth-quarter distribution of $0.4625 per share, equating to a 9.25% annual rate for IPO investors.
November 08, 2024 | 3:00 pm
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Columbia Seligman Premium Technology Growth Fund declared a fourth-quarter distribution of $0.4625 per share, maintaining a 9.25% annual rate for IPO investors.
The announcement of a consistent dividend distribution at a 9.25% annual rate is likely to positively impact STK's stock price in the short term as it reflects financial stability and attractiveness to income-focused investors.
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