CBOT: New Dow Divisor April 8, 2004
Date 08/04/2004
Starting with Thursday, April 8 stock market trading, the Dow Jones Industrial Average (DJIASM ) will be calculated with a new divisor because of the removal of T (AT & T Corp.), IP (International Paper Co.) and EK (Eastman Kodak Co.). These three stocks will be replaced by AIG (American International Group), PFE (Pfizer Inc), and VZ (Verizon Communications Inc.) As a result, the divisor for the 30 Industrials changes to 0.14090166 from 0.13500289.