Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) Retained Earnings : $244.8 Mil (As of Dec. 2023)

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What is Columbia Seligman Premium Technology Growth Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Columbia Seligman Premium Technology Growth Fund's retained earnings for the quarter that ended in Dec. 2023 was $244.8 Mil.

Columbia Seligman Premium Technology Growth Fund's quarterly retained earnings increased from Dec. 2022 ($138.7 Mil) to Jun. 2023 ($222.2 Mil) and increased from Jun. 2023 ($222.2 Mil) to Dec. 2023 ($244.8 Mil).

Columbia Seligman Premium Technology Growth Fund's annual retained earnings declined from Dec. 2021 ($345.3 Mil) to Dec. 2022 ($138.7 Mil) but then increased from Dec. 2022 ($138.7 Mil) to Dec. 2023 ($244.8 Mil).

Columbia Seligman Premium Technology Growth Fund Retained Earnings Historical Data

The historical data trend for Columbia Seligman Premium Technology Growth Fund's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Columbia Seligman Premium Technology Growth Fund Retained Earnings Chart

Columbia Seligman Premium Technology Growth Fund Annual Data

Trend

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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154.55

224.99

345.34

138.65

244.78

Columbia Seligman Premium Technology Growth Fund Semi-Annual Data
	Jun15	Dec15	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial										345.34	180.69	138.65	222.21	244.78

Columbia Seligman Premium Technology Growth Fund Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Columbia Seligman Premium Technology Growth Fund Inc (NYSE:STK) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

225 Franklin Street, Boston, MA, USA, 02110

Website

https://www.columbiathreadneedleus.com

Columbia Seligman Premium Technology Growth Fund Inc is a closed-end management investment company. Its investment objective is to seek growth of capital and current income. The fund invests in various sectors such as consumer discretionary, industrials, information technology and telecommunication services. Columbia Management Investment Advisers, LLC serves as the investment manager to the fund.

Executives

Janet Carrig	director	ONE SOUTH WACKER DRIVE SUITE 3200, CHICAGO IL 60606
Douglas A Hacker	director	P O BOX 66100-WHQLD, CHICAGO IL 60666
Daniel Beckman	officer: Senior Vice President	225 FRANKLIN STREET, BOSTON MA 02110
Gene R Tannuzzo	other: Man Dir/GL HD of FI Issuer IA	225 FRANKLIN ST., BOSTON MA 02110
Christopher O. Petersen	officer: Vice President and Secretary	5228 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Brian M. Engelking	other: Dir.,VP & CFO of Issuer's IA	225 FRANKLIN STREET, BOSTON MA 02110
Sandra Yeager	director	225 FRANKLIN ST., BOSTON MA 02110
Jonathan C Cleasby	other: Dir., VP & CFO of Issuer's IA	225 FRANKLIN ST., BOSTON MA 02110
Brian J Gallagher	director	225 FRANKLIN STREET, BOSTON MA 02110
Pamela G Carlton	director	901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Anthony M Santomero	director	RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM 19
Joseph Beranek	officer: Treasurer of Issuer	225 FRANKLIN ST, BOSTON MA 02110
Scott E Couto	other: EVP/Head N.Am. for Issuer's IA	225 FRANKLIN ST, BOSTON MA 02110
Vimal Patel	other: Portfolio Manager of Issuer	50606 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Shekhar Pramanick	other: Portfolio Manager of Issuer	225 FRANKLIN STREET, BOSTON MA 02110