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The Nasdaq Stock Market, Inc. ("NASDAQ") (Nasdaq:NDAQ) and Mergent, Inc. announced today the results of the annual review of the NASDAQ Dividend Achievers(tm) Index, which will become effective with the market open on Friday, February 1, 2008.
The review will result in eight securities being added to the Index. All securities meet Dividend Achievers requirements of increased annual regular dividend payments for the last ten or more consecutive years. The securities must also meet additional liquidity screening criteria as determined by Mergent. As a result of the re-ranking four securities will be removed from the Index.
The NASDAQ Dividend Achievers Index is calculated using a market capitalization weighting methodology. The index will be calculated and disseminated on a price return basis (Nasdaq:DIVQ) and a total return basis (Nasdaq:DVQT). For more information about the NASDAQ Dividend Achievers Index, including eligibility criteria, visit www.NASDAQ.com.
Additions:
ACAS American Capital Strategies, Ltd. CHRW C.H. Robinson Worldwide, Inc. OZRK Bank of the Ozarks RBPAA Royal Bancshares of Pennsylvania, Inc. SBKC Security Bank Corporation SHEN Shenandoah Telecommunications Co SUBK Suffolk Bancorp UVSP Univest Corporation of Pennsylvania
Deletions:
OMEF Omega Financial Corporation PBCT People's United Financial, Inc. PCBC Pacific Capital Bancorp SLFI Sterling Financial Corporation
