Columbia Seligman Premium Technology Growth Fund (NYSE:STK) to Issue Dividend Increase – $3.27 Per Share

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) announced a — dividend on Friday, December 6th,Wall Street Journal reports. Stockholders of record on Monday, December 16th will be given a dividend of 3.2669 per share on Tuesday, January 21st. This represents a dividend yield of 5.2%. The ex-dividend date of this dividend is Monday, December 16th. This is a boost from Columbia Seligman Premium Technology Growth Fund’s previous — dividend of $0.14.

Columbia Seligman Premium Technology Growth Fund has raised its dividend by an average of 26.0% per year over the last three years.

Columbia Seligman Premium Technology Growth Fund Stock Performance

Columbia Seligman Premium Technology Growth Fund stock opened at $35.93 on Friday. The stock’s fifty day moving average price is $33.74 and its two-hundred day moving average price is $33.05. Columbia Seligman Premium Technology Growth Fund has a one year low of $28.76 and a one year high of $36.30.

About Columbia Seligman Premium Technology Growth Fund

Columbia Seligman Premium Technology Growth Fund is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It invests in public equity markets. The fund seeks to invest in stocks of companies operating in the technology sector. It primarily invests in growth stocks of companies.