STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced component changes in the STOXX Global Select Dividend 100 Index due to the fast exit rule. Component changes will become effective with the open of markets on September 23rd, 2013.
STOXX Global Select Dividend 100 Index
|
Addition |
Deletion |
|
K + S (Germany, Chemicals, SDFGn.DE) |
DRAX GRP (UK, Utilities, DRX.L) |
Component changes in STOXX Global Select Dividend 100 are based on the fast exit rule, which states that if a company lowers its dividend, it will remain in the index until the next selection list is available. If the company falls below the lower buffer, it is removed and replaced by the highest-ranked non-component on the selection list. The changes are then implemented together with the review implementation date.
For further information on the STOXX indices, please visit www.stoxx.com.
