STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced component changes in the EURO STOXX Select Dividend 30 Index due to the fast exit rule. Component changes will become effective with the open of markets on December 24, 2012.
Additions |
Deletions |
DAIMLER (Germany, Automobiles & Parts, DAIGn.DE) |
BCO SABADELL (Spain, Banks, SABE.MC) |
The dividend yield of the reconstituted EURO STOXX Select Dividend 30 Index remains unchanged at 6.29%, as of November 30, 2012.
Component changes in EURO STOXX Select Dividend 30 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.
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