Dow Jones Indexes have released the results of the regular annual review of the Dow Jones Country Select Dividend Indexes for France, Germany, Italy, Netherlands, Spain, Sweden, Switzerland and UK.
The changes made will be effective as of the open of trading on Tuesday, 25 March 2008.
Casino Guichard-Perrachon et Cie. S.A., SUEZ and Societe Generale will be removed from the Dow Jones France Select Dividend 20 Index and replaced by Vallourec S.A., Neopost. The dividend yield of the reconstituted Dow Jones France Select Dividend 20 Index will increase to 3.87% from 3.76% as a result of these changes.
Deutsche Boerse AG will be removed from the Dow Jones Germany Select Dividend 20 Index and replaced by Axel Springer AG. The dividend yield of the reconstituted Dow Jones Germany Select Dividend 20 Index will increase to 4.15% from 4.11% as a result of these changes.
Societa Iniziative Autostradali e Servizi – SIAS S.p.A. will be removed from the Dow Jones Italy Select Dividend 20 Index and replaced by Pirelli & C. Real Estate S.p.A. The dividend yield of the reconstituted Dow Jones Italy Dividend 20 Index will increase to 4.96% from 4.83% as a result of these changes.
Compania Espanola de Petroleos S.A. will be removed from the Dow Jones Spain Select Dividend 20 Index and replaced by Endesa S.A. The dividend yield of the reconstituted Dow Jones Spain Dividend 20 Index will increase to 3.33% from 3.29% as a result of these changes.
Kaba Holding AG and Syngenta AG will be removed from the Dow Jones SWX Switzerland Select Dividend 20 Index and replaced by Bellevue Group AG and Kudelski S.A. The dividend yield of the reconstituted Dow Jones SWX Switzerland Select Dividend 20 Index will increase to 3.07% from 2.92% as a result of these changes.
The following seven components will be removed from the Dow Jones UK Select Dividend 20 Index: HMV Group PLC, Jardine Lloyd Thompson Group PLC, Amlin PLC, Severn Trent PLC, Vodafone Group PLC, EMAP PLC and F&C Asset Management PLC. The companies joining the index are: Close Brothers Group, Taylor Wimpey PLC, Barratt Developments PLC, Morse PLC, Topps Tiles PLC, Cattles PLC and JJB Sports PLC. The dividend yield of the reconstituted Dow Jones UK Select Dividend 20 Index will increase to 8.80% from 7.92% as a result of these changes.
No changes are being made to the Dow Jones Sweden Select Dividend 15 Index and Dow Jones Netherlands Select Dividend 15 Index.