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:
The companies that will be added to the index are:
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.
Source:
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
http://www2.standardandpoors.com/portal/site/sp/en/us/page.article/2,3,2,2,1148449665924.html
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