The Swiss Helvetia Fund Inc. Announces Quarterly Dividend of $0.15 (NYSE:SWZ)

The Swiss Helvetia Fund Inc. (NYSE:SWZ) announced a quarterly dividend on Friday, March 7th, NASDAQ Dividends reports. Investors of record on Tuesday, March 18th will be paid a dividend of 0.1458 per share by the closed-end fund on Monday, March 31st. This represents a $0.58 annualized dividend and a yield of 6.49%. The ex-dividend date of this dividend is Tuesday, March 18th.

The Swiss Helvetia Fund Stock Performance

Shares of NYSE SWZ opened at $8.99 on Friday. The Swiss Helvetia Fund has a 12-month low of $7.49 and a 12-month high of $9.19. The firm has a 50 day moving average of $8.65 and a 200 day moving average of $8.41.

Institutional Investors Weigh In On The Swiss Helvetia Fund

A hedge fund recently raised its stake in The Swiss Helvetia Fund stock. Bank of America Corp DE lifted its stake in The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 375.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,672 shares of the closed-end fund’s stock after purchasing an additional 10,795 shares during the period. Bank of America Corp DE owned about 0.11% of The Swiss Helvetia Fund worth $102,000 at the end of the most recent quarter. 41.12% of the stock is owned by institutional investors.

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.