Lagardère S.C.A. of France will be added to the Dow Jones EPAC (Europe, Pacific, Asia and Canada) Select Dividend Index, Dow Jones Indexes, a leading global index provider, announced today. Dow Jones Indexes also announced that Nexity S.A. will join the Dow Jones France Select Dividend 20 Index.
Lagardère and Nexity were added to their respective indexes following the removal of Crédit Agricole S.A. from both gauges due to the Paris-based bank’s cancellation of its dividend payment.
Based in Levallois-Perret, France, Lagardère is a pure media group with interests in books, press, broadcast, digital, travel retail and press distribution, sport industry and entertainment.
Nexity, with headquarters in Paris, is a fully integrated real estate group that serves private individuals, companies and local authorities in property development, real estate services for private individuals and companies, franchise networks, asset management and urban regeneration.
All changes in the Dow Jones EPAC Select Dividend Index and Dow Jones France Select Dividend 20 Index will be effective as of the open of trading on Wednesday, December 28, 2011.
The Dow Jones EPAC Select Dividend Index measures the stock performance of high dividend-paying non-U.S. companies in developed markets and currently represents markets in Canada, Western Europe, Japan, Australia, Singapore and Hong Kong.
The Dow Jones France Select Dividend 20 Index measures the country’s leading top 20 stocks by dividend yield.