Wednesday, December 05, 2007

S & P Announces Rebalancing of Aristocrats Index

The annual rebalancing of S&P's Aristocrats Index will occur after the close of trading on December 21, 2007. The companies being removed from the index are:
  • First Horizon National (FHN)
  • Altria (MO)
  • SLM Corporation (SLM)
The companies that will be added to the index are:
  • Aflac (AFL)
  • Air Products & Chemicals (APD)
  • Exxon Mobil (XOM)
  • Integrys Energy (TEG)
  • Pitney Bowes (PBI)
According to S&P, the S&P 500 Dividend Aristocrats Index is designed to measure the performance of S&P 500 constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 years. The index is equal-weighted, with constituents being re-weighted every quarter. Membership is reviewed each December.

Standard & Poor’s Announces Results of the Annual Rebalancing of the
S&P 500 Dividend Aristocrats Index (pdf)

Standard & Poor's
By: David Blitzer & Dave Guarino
December 4, 2007,3,2,2,1148449665924.html

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