Swiss Helvetia Fund: Dividend Insights
Portfolio Pulse from Benzinga Insights
Swiss Helvetia Fund (NYSE:SWZ) has announced a quarterly dividend of 12.29 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own SWZ as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 29, 2023.
September 14, 2023 | 2:45 pm
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Swiss Helvetia Fund's announcement of a 12.29 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout. This is a normal part of the dividend process and does not reflect negatively on the company's performance. However, it can lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100