Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Shares Will Pay Quarterly Dividend of $0.46

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) announced a quarterly dividend on Friday, October 9th. Investors of record on Monday, October 19th will be paid a dividend of $0.4625 per share on Tuesday, October 27th. This represents a $1.85 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Monday, October 19th.

Columbia Seligman Premium Technology Growth Fund Trading Down 1.9%

Columbia Seligman Premium Technology Growth Fund stock traded down $1.00 during mid-day trading on Friday, hitting $51.77. The company’s stock had a trading volume of 46,492 shares, compared to its average volume of 57,036. Columbia Seligman Premium Technology Growth Fund has a twelve month low of $32.50 and a twelve month high of $58.46. The stock’s fifty day moving average price is $52.92 and its two-hundred day moving average price is $50.74.

Hedge Funds Weigh In On Columbia Seligman Premium Technology Growth Fund

A number of hedge funds have recently modified their holdings of the stock. Allied Private Wealth LLC acquired a new stake in shares of Columbia Seligman Premium Technology Growth Fund during the second quarter worth $30,000. Eastern Bank acquired a new position in shares of Columbia Seligman Premium Technology Growth Fund in the 3rd quarter valued at $46,000. Fifth Third Bancorp purchased a new position in Columbia Seligman Premium Technology Growth Fund in the 1st quarter worth about $47,000. Western Wealth Management LLC purchased a new position in Columbia Seligman Premium Technology Growth Fund in the 1st quarter worth about $57,000. Finally, PNC Financial Services Group Inc. increased its stake in Columbia Seligman Premium Technology Growth Fund by 77.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,126 shares of the company’s stock worth $156,000 after purchasing an additional 1,795 shares in the last quarter.

Columbia Seligman Premium Technology Growth Fund Company Profile

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) is a publicly traded closed-end investment fund that seeks to provide investors with a combination of current income and long-term capital appreciation. The fund is advised by Columbia Management Investment Advisers, LLC, part of Columbia Threadneedle Investments.

The fund invests primarily in technology-related companies, including businesses involved in software, semiconductors, hardware, communications equipment, and related technology services.