NEW YORK, March 27, 2012 (GLOBE NEWSWIRE) -- Shin Corporation Public Company Limited will be added to the Dow Jones Emerging Markets Select Dividend Index, Dow Jones Indexes announced today.
The addition of Bangkok, Thailand-based Shin Corporation PCL follows the removal of China Molybdenum Co., Ltd., which elected not to pay a dividend for the year ended December 31, 2011.
The Dow Jones Emerging Markets Select Dividend Index measures the stock performance of 100 leading dividend-paying emerging markets companies by their dividend yield.
Shin Corporation PCL is a holding company that invests in diversified telecommunications, media and advertising businesses. Shin's subsidiaries and affiliated companies offer services including satellite transponders, television broadcasting, cellular phone and wireless communication, information technology and internet, low-cost air travel, and consumer financing.
The addition of Shin Corporation PCL in the Dow Jones Emerging Markets Select Dividend Index will be effective before the open of trading on Monday, April 2, 2012.
Company additions to, and deletions from, the Dow Jones Emerging Markets Select Dividend Index does not in any way reflect an opinion on the investment merits of the company.
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