The Swiss Helvetia Fund Inc. (NYSE:SWZ) Increases Dividend to $0.15 Per Share

The Swiss Helvetia Fund Inc. (NYSE:SWZ) declared a quarterly dividend on Monday, December 9th,Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 7.32%. The ex-dividend date is Tuesday, December 17th. This is a boost from The Swiss Helvetia Fund’s previous quarterly dividend of $0.13.

The Swiss Helvetia Fund Price Performance

SWZ traded up $0.04 during mid-day trading on Monday, hitting $7.97. 18,591 shares of the stock were exchanged, compared to its average volume of 19,111. The firm’s fifty day moving average is $8.26 and its two-hundred day moving average is $8.38. The Swiss Helvetia Fund has a 1-year low of $7.49 and a 1-year high of $9.14.

About The Swiss Helvetia Fund

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.