NEW YORK, Nov. 21, 2011 (GLOBE NEWSWIRE) -- Lockheed Martin Corp. will be added to the Dow Jones U.S. Select Dividend Index, Dow Jones Indexes, a leading global index provider, announced today.
The addition of Lockheed Martin (Industrial Goods & Services, (NYSE:LMT) ) follows the removal of DPL Inc. (Utilities, (NYSE:DPL) ), which is in the process of being acquired by AES Corp. (Utilities, (NYSE:AES) ).
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 126,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2010 sales from continuing operations were $45.8 billion.
All changes in the Dow Jones U.S. Select Dividend Index will be effective before the open of trading on November 25, 2011.
The Dow Jones U.S. Select Dividend Index tracks the top 100 highest dividend-paying U.S. companies derived from the Dow Jones U.S. Index, which covers approximately 95% of U.S. market capitalization.
Company additions to, and deletions from, the Dow Jones U.S. Select Dividend Index do not in any way reflect an opinion on the investment merits of the company.
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About Dow Jones Indexes
Dow Jones Indexes (www.djindexes.com) is a leading full-service index provider that 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 offers more than 130,000 equity indexes as well as fixed-income and alternative indexes, including measures of hedge funds, commodities and real estate. Dow Jones Indexes employs clear, unbiased and systematic methodologies that are fully integrated within index families. Dow Jones Indexes is part of a joint venture company owned 90 percent by CME Group Inc. (www.cmegroup.com) and 10 percent by Dow Jones & Company, Inc. (www.dowjones.com), a News Corporation company (Nasdaq:NWS) (Nasdaq:NWSA) (ASX:NWS) (ASX:NWSLV) (www.newscorp.com).
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