The Swiss Helvetia Fund Inc. Declares 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 is Tuesday, March 18th.

The Swiss Helvetia Fund Trading Up 0.5 %

Shares of NYSE:SWZ opened at $8.99 on Friday. The Swiss Helvetia Fund has a 52-week low of $7.49 and a 52-week high of $9.19. The company has a 50-day simple moving average of $8.65 and a 200 day simple moving average of $8.41.

Institutional Investors Weigh In On The Swiss Helvetia Fund

An institutional investor recently raised its position in The Swiss Helvetia Fund stock. Bank of America Corp DE increased its holdings in The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 375.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,672 shares of the closed-end fund’s stock after buying an additional 10,795 shares during the period. Bank of America Corp DE owned 0.11% of The Swiss Helvetia Fund worth $102,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 41.12% of the company’s stock.

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.