On Friday, Dow Jones Index services indicated Kinder Morgan, Inc and Duquesne Light Holdings, Inc. will be removed from the Dow Jones U.S. Select Dividend Index on May 31, 2007. Both Kinder Morgan and Duquense Light Holdings are being acquired. The Dow Jones U.S. Select Dividend Index includes 100 stocks derived from the Dow Jones U.S. Total Market Index, a broad-market benchmark index that represents approximately 95% of U.S. market capitalization.
The iShares Dow Jones Select Dividend Index (DVY) is an exchange traded fund that replicates the Select Dividend Index for investors.
| Removed | Ticker | Yield |
|---|---|---|
| Kinder Morgan, Inc. | KMI | 3.30% |
| Duquesne Light Holdings Inc. | DQE | 5.00% |
| Added | Ticker | Yield |
| Wilmington Trust Corp. | WL | 3.20% |
| Trustmark Corp. | TRMK | 3.30% |
The iShares Dow Jones Select Dividend Index (DVY) is an exchange traded fund that replicates the Select Dividend Index for investors.
Source:
Component Changes Made to Dow Jones U.S. Select Dividend Index
PrimeNewswire
May 25, 2007
http://news.moneycentral.msn.com/provider/providerarticle.aspx?Feed=PZ&Date=20070525&ID=6961887
1 comment :
This is what I think: Duquesne Light
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