STOXX Limited, the market-moving provider of innovative, substantial and global index concepts, today announced the results of the annual review of the STOXX Select Dividend Index series and the STOXX Global Grand Prix Index; as well as the result of the semi-annual review of the STOXX TMI Growth and STOXX TMI Value indices, their respective large, mid- and small sub-indices and the respective indices for the euro zone. All changes will be effective on March 19, 2012.
The STOXX Europe Maximum Dividend 40 Index is also part of this regular review. Its new composition can be found on the respective index page at www.stoxx.com on March 19, 2012.
STOXX Select Dividend Index series
Effective as of the open of European markets on March 19, 2012, 6 components will be replaced in the STOXX Global Select Dividend 100 Index. The index comprises the 100 highest dividend-paying companies in the three regions of the STOXX Global 1800 Index.
In the European portion of the STOXX Global Select Dividend 100 Index, the following stocks are being added to and deleted from the index:
Additions |
Deletions |
BAE SYSTEMS (U.K., Industrial Goods & Services, BAES.L) |
CRH (Ireland, Construction and Materials, CRH.I) |
DRAX GRP (U.K., Utilities, DRX.L) |
STATOIL (Norway, Oil & Gas, STL.OL) |
BOUYGUES (France, Construction & Materials, BOUY.PA) |
AMLIN (U.K., Insurance, AML.L) |
In the Asia/Pacific portion of the STOXX Global Select Dividend 100 Index, the following changes will take place:
Additions |
Deletions |
SUNTEC REAL ESTATE INVESTMENT (Singapore, Real Estate, SUNT.SI) |
CHEUNG KONG INFRASTRUCTURE HOL (Hong Kong, Utilities, 1038.HK) |
The following stocks are being added to and deleted from the Americas portion of the STOXX Global Select Dividend 100 Index:
Additions |
Deletions |
RIOCAN REIT.TST. (Canada, Real Estate, REI_u.TO) |
PFIZER INC. (U.S., Health Care, PFE.N) |
CANADIAN OIL SANDS LTD (Canada, Oil & Gas, COS.TO) |
GENUINE PARTS CO. (U.S., Automobiles & Parts, GPC.N) |
The EURO STOXX Select Dividend 30 Index measures the 30 highest dividend-paying stocks in the 12 Euro zone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. The companies that are being added to and deleted from the index are:
Additions |
Deletions |
LUFTHANSA (Germany, Travel & Leisure, LHAG.DE) |
LAFARGE (France, Construction & Materials, LAFP.PA) |
As of February 29, 2012, the dividend yield of the reconstituted STOXX Global Select Dividend 100 Index increased to 5.04% from 4.92%. The dividend yield of the EURO STOXX Select Dividend 30 Index increased to 5.07% from previously 5.06%.
Changes in the STOXX Select Dividend Index series are being announced today after the conclusion of a regular annual component review.
STOXX Global Grand Prix Index
The STOXX Global Grand Prix Index measures the performance of publicly traded companies globally that are supporters or supplies of Formula One teams, including engine manufacturers, tire suppliers, oil/fuel suppliers and title sponsors. Changes in the index are being announced today after the conclusion of a regular annual component review.
Effective on the open of markets on March 19, 2012, the following companies will be added to and deleted from the STOXX Global Grand Prix Index:
Additions |
Deletions |
PROTON HOLDINGS (Malaysia, Automobiles & Parts, PROT.KL) |
AT&T INC. (U.S., Telecommunications, T.N) |
- |
ALTRIA GROUP INC. (U.S., Personal & Household Goods, MO.N) |
As of February 29, 2012, the total free-float market capitalization of the reconstituted STOXX Global Grand Prix Index decreased to € 662.49 billion from € 844.47 billion.
Changes in the STOXX Global Grand Prix Index are being announced today after the conclusion of a regular annual component review.
STOXX Europe Style Indices
The STOXX Europe Style Indices include three categories: growth, value and neutral. Effective with the opening of European markets on March 19, 2012, the number of components in the STOXX Europe TMI Growth Index will increase to 442 from previously 437 components, and the number of components in the STOXX Europe TMI Value Index will decrease to 388 from 390 components.
The three largest components measured by free-float market capitalization that will be added to and deleted from the STOXX Europe TMI Growth Index are:
Additions |
Deletions |
NESTLE (Switzerland, Food & Beverage, NESN.VX) |
DAIMLER (Germany, Automobiles & Parts, DAIGn.DE) |
BASF (Germany, Chemicals, BASFn.DE) |
UBS (Switzerland, Banks, UBSN.VX) |
DIAGEO (U.K., Food & Beverage, DGE.L) |
TECHNIP (France, Oil & Gas, TECF.PA) |
The three largest companies measured by free-float market capitalization that will be added to and deleted from the STOXX Europe TMI Value Index are :
Additions |
Deletions |
SANOFI (France, Health Care, SASY.PA) |
NOVARTIS (Switzerland, Health Care, NOVN.VX) |
TESCO (U.K., Retail, TSCO.L) |
BARCLAYS (U.K., Banks, BARC.L) |
IMERIAL TOBACCO GRP (U.K., Personal & Household Goods, IMT.L) |
AXA (France, Insurance, AXAF.PA) |
Reasons for component changes in STOXX Europe TMI Growth and Value indices can be the change of style characteristics of an index component from growth to value, or vice versa, as well as the addition of a component stock as the result of its initial public offering (IPO).
Changes in the STOXX Europe TMI Growth and STOXX Europe TMI Value indices, its respective large, mid- and small sub-indices as well as the respective indices for the euro zone, are being announced today after the conclusion of a regular semi-annual component review.
The adjusted component weightings, including the number of shares and free-float factors for all reviewed indices will be announced on March 9, 2012 after the close of markets. All changes will be effective as of the open of markets on March 19, 2012. In the case of upcoming mergers and acquisitions occurring until the final implementation date, the composition of the indices may change.
For further information, please see www.stoxx.com.