5 Biggest Dividend Cuts and Suspensions of 2022

Page 1 of 5

In this article, we discuss 5 biggest dividend cuts and suspensions in 2022. If you want to read our detailed analysis of dividend investment and its benefits, go directly to read 10 Biggest Dividend Cuts and Suspensions of 2022

5. The Swiss Helvetia Fund Inc. (NYSE:SWZ)

The Swiss Helvetia Fund Inc. (NYSE:SWZ) is a non-diversified, closed-end investment company that seeks long-term capital appreciation through investments in equity and equity-linked securities of Swiss companies. The Fund is managed by Schroders Investment Management in North America.

On December 12, The Swiss Helvetia Fund Inc. (NYSE:SWZ) announced to slash its quarterly dividend by 26.2% to $0.1229 per share. Though the company announced one of the biggest dividend cuts this year, its five-year dividend CAGR came in at 40.88%. The stock’s dividend yield on December 13 stood at 6.29%.

As of the close of Q3 2022, 4 hedge funds tracked by Insider Monkey owned stakes in The Swiss Helvetia Fund Inc. (NYSE:SWZ), down from 5 in the previous quarter. The collective value of these stakes is over $3.4 million.

Follow Swiss Helvetia Fund Inc. (NYSE:SWZ)

Page 1 of 5