Swiss Helvetia Fund, Inc. Announces New Quarterly Distribution
Swiss Helvetia Fund, Inc. Announces New Quarterly Distribution
The Swiss Helvetia Fund, Inc. (NYSE: SWZ) has officially declared a quarterly distribution of $0.1458 per share for its common stock. This announcement, made recently, is part of the Fund's managed distribution plan aimed at delivering consistent quarterly distributions to its stockholders.
Details of the Distribution
The declared distribution will be payable based on the following critical dates:
- Record Date: December 17, 2024
- Ex-Dividend Date: December 17, 2024
- Payment Date: December 31, 2024
The purpose of this managed distribution plan is to provide an ongoing source of income for stockholders. The distributions offered by the Fund can comprise various components, including net investment income, net realized short-term and long-term capital gains, along with any return of capital. It’s important to note that each distribution might not solely consist of net investment income.
Managing Expectations for Distributions
For clarity concerning the nature of these distributions, the Fund plans to issue notices to stockholders whenever a distribution includes elements beyond net investment income. After the conclusion of the calendar year, stockholders can expect to receive a Form 1099-DIV detailing the actual composition of their distributions for tax reporting and accounting purposes.
How to Get Additional Information
Stockholders and interested parties seeking further details about the Fund may contact U.S. Bancorp Fund Services, LLC, the Fund's Administrator, by calling (414) 516-1514. Their team is equipped to provide any additional assistance related to the Fund’s activities and distribution plans.
Contact Information
For media inquiries, please reach out to Jennifer Brogadir at 212-641-3863, who is available for any questions or further information needed.
Frequently Asked Questions
What is the new quarterly distribution rate announced?
The new quarterly distribution rate announced by the Swiss Helvetia Fund is $0.1458 per share.
When will stockholders receive this distribution?
Stockholders will receive the distribution payment on December 31, 2024, following the record and ex-dividend dates on December 17, 2024.
What does the managed distribution plan entail?
The managed distribution plan of the Fund aims to provide consistent quarterly payments that may include net investment income and capital gains.
How can stockholders get more information?
Stockholders can obtain more information by contacting U.S. Bancorp Fund Services at (414) 516-1514.
Who should media contacts reach out to?
Media inquiries should be directed to Jennifer Brogadir at 212-641-3863 for further details or assistance.
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