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 2.2285% (9.15% annualized) of the Fund’s market price of $20.21 per share as of April 30, 2020.

The Board of Directors (the Board) of Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund) (NYSE: STK) announced today that, in light of the public health concerns regarding the COVID-19 (coronavirus) outbreak, the 10th Annual Meeting of Stockholders (the "Meeting") of the Fund, originally scheduled to be held at The Boston Harbor Hotel, 70 Rowes Wharf, Boston, Massachusetts 02110, on April 21, 2020, at 9:30 a.m., local time, has been postponed pursuant to Maryland Code, Corporations and Associations §2-511(d)(2) and the bylaws of the Fund. The Fund now seeks to hold the Meeting at 707 Second Avenue South, Minneapolis, Minnesota 55474, on June 15, 2020 at 8:30 a.m. local time.

Tanger Factory Outlet Centers (STK) is the largest owner of outlet centers in the United States and Canada; its portfolio consists of 36 outlet centers that comprise 2,600 stores representing approximately 400 store brands, observes Stephen Mauzy, contributing editor to Personal Wealth Advisor.

Having some pure technology exposure in the current market landscape should pay off well during the second half of the year, as the fourth quarter is seasonally the strongest for technology spending budgets, suggests Bryan Perry, growth stock expert and editor of Cash Machine.