The Swiss Helvetia Fund Inc. (NYSE:SWZ) Declares Dividend of $3.00

The Swiss Helvetia Fund Inc. (NYSE:SWZ) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Thursday, April 3rd will be paid a dividend of 3.00 per share by the closed-end fund on Monday, April 7th. The ex-dividend date of this dividend is Tuesday, April 8th.

The Swiss Helvetia Fund Stock Up 1.9 %

Shares of SWZ opened at $9.12 on Wednesday. The Swiss Helvetia Fund has a 52 week low of $7.49 and a 52 week high of $9.29. The company’s 50 day moving average price is $8.82 and its 200 day moving average price is $8.41.

Hedge Funds 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 grew its position in The Swiss Helvetia Fund Inc. (NYSE:SWZ) by 375.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,672 shares of the closed-end fund’s stock after purchasing an additional 10,795 shares during the quarter. Bank of America Corp DE owned approximately 0.11% of The Swiss Helvetia Fund worth $102,000 as of its most recent SEC filing. Hedge funds and other 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.