Columbia Seligman Premium Technology Growth Fund Announces a Special Fourth Quarter Distribution
Ameriprise Financial, Inc. (AMP)
Last ameriprise financial, inc. earnings: 1/29 04:10 pm
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Source: Business Wire
BOSTON--(BUSINESS WIRE)--Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a special fourth quarter distribution, beyond its typical quarterly managed distribution policy, in the amount of $1.2869 per share. A federal excise tax of 4% applies to funds that do not distribute substantially all of their annual income (including net gains) before the end of their fiscal year. The Fund’s income for the current fiscal year exceeds the amounts previously distributed pursuant to the Fund’s quarterly managed distribution policy. The Fund is distributing this excess income so that it will not incur the 4% federal excise tax in 2021.The distribution will be paid on January 18, 2022 (the Payment Date) to stockholders of record on December 13, 2021 (the Record Date). The ex-dividend date is December 10, 2021. The capital gain distribution, being a special distribution, will automatically be paid in stock except that any Record Date stockholder may el
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