Columbia Seligman Premium Technology Growth Fund Announces a Second Quarter Distribution: 9.25% Annual Rate for IPO Investors
Ameriprise Financial, Inc. (AMP)
Last ameriprise financial, inc. earnings: 1/29 04:10 pm
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ir.ameriprise.com
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Source: Business Wire
BOSTON--(BUSINESS WIRE)--Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a second-quarter distribution, pursuant to its managed distribution policy, in the amount of $0.4625 per share, which is equal to a quarterly rate of 2.3125% (9.25% annualized) of the $20.00 offering price in the Fund’s initial public offering in November 2009. The second-quarter distribution of $0.4625 per share is equal to a quarterly rate of 1.4929% (5.97% annualized) of the Fund’s market price of $30.98 per share as of April 30, 2024.The distribution will be paid on May 21, 2024 (the Payment Date) to Stockholders of record on May 13, 2024. The ex-dividend date is May 10, 2024. It is anticipated that the Fund will make a subsequent distribution under its managed distribution policy in the month of August.Prior to the managed distribution policy, the Fund paid distributions pursuant to a level rate distribution policy. Under its former distribution policy and co
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