These 3 Funds Squeeze Apple and Microsoft for Dividends up to 11%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 01 2025
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Source: NASDAQ.COM
Nasdaq Rally and AI Impact: The Nasdaq has been on a continuous rise since April, driven by companies increasingly adopting AI and robotics, leading to layoffs in the tech sector but benefiting stock owners like Amazon and Microsoft.
Dividend Investment Opportunities: Three dividend-paying funds are highlighted as attractive investments amid this trend: Global X Nasdaq 100 Covered Call ETF (QYLD) with an 11.2% yield, JPMorgan Nasdaq Equity Premium Income (JEPQ) at 10.8%, and Columbia Seligman Premium Technology Growth Fund (STK) with a 6.0% distribution rate, each employing covered call strategies for income generation.
Analyst Views on STK
Wall Street analysts forecast STK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for STK is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 39.380
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Current: 39.380
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About STK
Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund) is a closed-end management investment company. Its investment objective is to seek growth in capital and current income. Its investment program consists primarily of investing in a portfolio of equity securities of technology and technology-related companies and writing call options on the National Association of Securities Dealers Automated Quotations (NASDAQ) 100 Index or its exchange-traded fund equivalent (the NASDAQ 100) on a month-to-month basis. The Fund may also buy or write other call and put options on securities, indices, exchange-traded funds (ETFs) and market baskets of securities. The Fund may hold foreign securities of issuers located or doing substantial business in emerging markets. It invests in various sectors, such as communication services, health care, biotechnology, industrials, and information technology. Columbia Management Investment Advisers, LLC is the investment manager of the Fund.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
