No love for Swiss stocks despite some big payouts

Swiss stocks are not finding buyers, even after their declines this year pushed the cash reward for owning them to a record compared with government bonds.

This year’s fall in financial companies and concerns about a strong franc have made the Swiss Market Index one of the biggest losers on developed markets.

That has pushed the dividend yield of its firms to 3.7%, near a record relative to rates on the country’s 10-year government bonds, now in negative territory.