TS&W/Claymore Tax-Advantaged Balanced Fund (TYW) Increases Quarterly Dividend 11.11% to $0.20; Yields 7.7%

TS&W/Claymore Tax-Advantaged Balanced Fund (NYSE: TYW) announced that it is increasing its quarterly dividend by 11.11% to $0.20 per share, $0.80 annualized. The increased dividend compares to the $0.18 per share for the last quarterly dividend and represents a distribution rate of 7.7% based upon the closing market price of $10.27 on July 30, 2010. The dividend will be paid on September 30, 2010 to shareholders of record as of September 15, 2010 with an ex-dividend date of September 13, 2010.... Read more