Swiss Helvetia Fund, Inc. (The) (SWZ) to Issue Semiannual Dividend of $0.12 on December 22nd

Swiss Helvetia Fund, Inc. (The) (NYSE:SWZ) announced a semiannual dividend on Tuesday, December 5th, Wall Street Journal reports. Shareholders of record on Friday, December 15th will be given a dividend of 0.12 per share by the closed-end fund on Friday, December 22nd. This represents a yield of 1.9%. The ex-dividend date is Thursday, December 14th. This is an increase from Swiss Helvetia Fund’s previous semiannual dividend of $0.01.

Swiss Helvetia Fund has increased its dividend by an average of 135.1% annually over the last three years.

Shares of Swiss Helvetia Fund (NYSE SWZ) traded down $0.07 during mid-day trading on Friday, reaching $12.63. The company’s stock had a trading volume of 2,756 shares, compared to its average volume of 18,982. Swiss Helvetia Fund has a fifty-two week low of $9.93 and a fifty-two week high of $12.90.

In related news, Director Andrew Dakos bought 13,060 shares of the company’s stock in a transaction on Tuesday, November 21st. The shares were acquired at an average price of $12.60 per share, with a total value of $164,556.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders have acquired a total of 19,610 shares of company stock worth $247,136 in the last ninety days. Insiders own 0.15% of the company’s stock.

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About Swiss Helvetia Fund

The Swiss Helvetia Fund, Inc (the Fund) is a non-diversified, closed-end investment company. The Fund’s investment objective is to seek long-term growth of capital through investment in equity and equity-linked securities of Swiss companies. The Fund may also acquire and hold equity and equity-linked securities of non-Swiss companies in limited instances.

Dividend History for Swiss Helvetia Fund (NYSE:SWZ)

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