Dow Jones Indexes and STOXX Ltd. announce changes in several Dow Jones and Dow Jones STOXX Select Dividend indexes.
In the Dow Jones U.K. Select Dividend 20 Index, Luminar Group Holdings PLC (United Kingdom, Travel & Leisure, LMR.LN) will be replaced by Wincanton PLC (United Kingdom, Industrial Goods & Services, WIN.LN). Luminar Group Holdings PLC is being removed due to the cancellation of its dividend payment.
In the Dow Jones U.S. Select Dividend Index and Dow Jones STOXX Global Select Dividend 100 Index, Marshall & Ilsley Corporation (United States, Banks, MI) will be replaced by International Flavors & Fragrances Incorporated (United States, Chemicals, IFF) and Mattel Inc. (United States, Personal and Household Goods, MAT), respectively.
Marshall & Ilsley Corporation is being removed due to a decrease in its dividend payment. The company’s new yield does not meet index eligibility requirements.
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