NEW YORK, Nov. 24, 2008 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, and STOXX Limited, the leading provider of European equity indexes, today announced that Citigroup (United States, Financial Services, C) will be removed from the Dow Jones Global Select Dividend, Dow Jones U.S. Select Dividend and Dow Jones STOXX Global Select Dividend 100 indexes.
Citigroup is being removed due to a decrease in its quarterly dividend payment. The company's new dividend yield does not meet index eligibility requirements.
In the Dow Jones Global Select Dividend Index, Citigroup (United States, Financial Services, C) will be replaced by PPR S.A. (France, Retail, 12148.FR).
In the Dow Jones U.S. Select Dividend Index, Citigroup (United States, Financial Services, C) will be replaced by Commercial Metals Co. (United States, Basic Resources, CMC).
In the Dow Jones STOXX Global Select Dividend 100 Index, Citigroup (United States, Financial Services, C) will be replaced by General Electric Co. (United States, Industrial Goods & Services, GE).
All changes will be effective as of the open of trading on Friday, November 28, 2008.
Further information, as well as the complete component list of the Dow Jones Global Select Dividend and Dow Jones U.S. Select Dividend indexes, can be found on the Dow Jones Indexes Web site at http://www.djindexes.com. Information on the Dow Jones STOXX Global Select Dividend 100 Index can be found on the STOXX Web site at http://www.stoxx.com.
Company additions to and deletions from the Dow Jones Global Select Dividend, Dow Jones U.S. Select Dividend and Dow Jones STOXX Global Select Dividend 100 indexes do not in any way reflect an opinion on the investment merits of the company.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com.
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About Dow Jones Indexes
A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world's leading pan-European indexes, and together with Wilshire Associates, provides the Dow Jones Wilshire Global Index family, which is anchored by the Dow Jones Wilshire 5000 and covers more than 12,000 securities in 63 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families. www.djindexes.com
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