NEW YORK and ZURICH, Switzerland, Jan. 22, 2009 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, and STOXX Ltd., the leading provider of European equity indexes, today announced that SunTrust Banks Inc. (United States, Banks, STI) and Huntington Bancshares Incorporated (United States, Banks, HBAN) 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.
SunTrust Banks Inc. and Huntington Bancshares Incorporated are being removed due to a decrease in their dividend payments. The companies' new dividend yields do not meet the indexes' eligibility requirements.
In the Dow Jones Global Select Dividend Index, SunTrust Banks Inc. and Huntington Bancshares Incorporated will be replaced by SembCorp Industries Limited (Singapore, Industrial Goods & Services, U96.SG) and CIMPOR-Cimentos de Portugal S.G.P.S. S.A. (Portugal, Construction & Materials, CPR.LB), respectively.
In the Dow Jones U.S. Select Dividend Index, SunTrust Banks Inc. and Huntington Bancshares Incorporated will be replaced by Valspar Corporation (United Sates, Chemicals, VAL) and Coca-Cola Company (United States, Food & Beverage, KO), respectively.
In the Dow Jones STOXX Global Select Dividend 100 Index, SunTrust Banks Inc. and Huntington Bancshares Incorporated will be replaced by Genuine Parts Company (United Sates, Automobiles & Parts, GPC) and Public Service Enterprise Group Inc. (United States, Utilities, PEG), respectively.
All changes in the Dow Jones U.S. Select Dividend Index and Dow Jones STOXX Global Select Dividend 100 Index will be effective as of the open of trading on Tuesday, January 27, 2009.
All changes in the Dow Jones Global Select Dividend Index will be effective as of the open of trading on Thursday, January 29, 2009. These changes will be implemented on the 29th to allow for trading time due to a market holiday in Singapore.
Further information, as well as the complete component list of the Dow Jones Global Select Dividend, Dow Jones U.S. Select Dividend and Dow Jones STOXX Global Select Dividend 100 indexes, can be found on the Dow Jones Indexes and STOXX Web sites at http://www.djindexes.com and http://www.stoxx.com.
Company additions to and deletions from the Dow Jones and Dow Jones STOXX Select Dividend 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.
Note to Editors:
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 65 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
Dow Jones & Company (www.dowjones.com) is a News Corporation company (NYSE:NWS) (NYSE:NWS.A) (ASX:NWS) (ASX:NWSLV) (www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.
The Dow Jones & Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4578