The Swiss Helvetia Fund Inc. (NYSE:SWZ) Announces Dividend Increase – $0.15 Per Share

The Swiss Helvetia Fund Inc. (NYSE:SWZ) declared a quarterly dividend on Friday, December 6th,Wall Street Journal reports. Shareholders of record on Tuesday, December 17th will be given a dividend of 0.1458 per share by the closed-end fund on Tuesday, December 31st. This represents a $0.58 dividend on an annualized basis and a yield of 7.42%. The ex-dividend date of this dividend is Tuesday, December 17th. This is a boost from The Swiss Helvetia Fund’s previous quarterly dividend of $0.13.

The Swiss Helvetia Fund Stock Up 0.4 %

Shares of NYSE:SWZ opened at $7.86 on Friday. The Swiss Helvetia Fund has a 12 month low of $7.49 and a 12 month high of $9.14. The company has a 50-day moving average price of $8.16 and a 200 day moving average price of $8.38.

The Swiss Helvetia Fund Company Profile

The Swiss Helvetia Fund Inc is a closed-ended equity mutual fund launched and managed by Schroder Investment Management North America Inc The fund invests in public equity markets of Switzerland. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies across all market capitalizations.