NEW YORK, Dec. 4, 2008 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular annual review of its Select Dividend Indexes for Global, EPAC (Europe, Pacific, Asia and Canada), Asia/Pacific, Asia, Canada, Japan and U.S. The changes will be effective as of the open of trading on Monday, December 22, 2008.
The following 13 components will be added to the Dow Jones Global Select Dividend 100 Index: CNOOC Ltd. (Hong Kong, Oil & Gas, 0883.HK), Dow Chemical Co. (United States, Chemicals, DOW), Felix Resources Ltd. (Australia, Basic Resources, FLX.AU), General Electric Co. (United Stages, Industrial Goods & Services, GE), Hays PLC (United Kingdom, Industrial Goods & Services, HAS.LN), International Paper Co. (United States, Basic Resources, IP), Jardine Cycle & Carriage Ltd. (Singapore, Retail, C07.SG), Konecranes Oyj (Finland, Industrial Goods & Services, KCR1V.HE), MeadWestvaco Corp. (United States, Industrial Goods & Services, MWV), OMV AG (Austria, Oil & Gas, OMV.VI), Sandvik AB (Sweden, Industrial Goods & Services, SAND.SK), SSAB Svenskt Stal AB Series A (Sweden, Basic Resources, SSAB-A.SK) and WorleyParsons Ltd. (Australia, Oil & Gas, WOR.AU).
Companies exiting the index: Allied Irish Banks PLC (Ireland, Banks, AIB; ALBK.DB), Heijmans N.V. Cert. (Netherlands, Construction & Materials, HEIJM.AE), ING Industrial Fund (Australia, Real Estate, IIF.AU), Insurance Australia Group Ltd. (Australia, Insurance, IAG.AU), KeyCorp (United States, Banks, KEY), Lloyds TSB Group PLC (United Kingdom, Banks, LYG), Macquarie Office Trust (Australia, Real Estate, MOF.AU), Pirelli & C. Real Estate S.p.A. (Italy, Real Estate, PRS.MI), Takefuji Corp. (Japan, Financial Services, 8564.TO), Tishman Speyer Office Fund (Australia, Real Estate, TSO.AU), Trinity Mirror PLC (United Kingdom, Media, TNI.LN), UOB-Kay Hian Holdings Ltd. (Singapore, Financial Services, U10.SG) and UST Inc. (United States, Personal & Household Goods, UST).
The dividend yield of the reconstituted Dow Jones Global Select Dividend 100 Index will increase to 12.14% from 10.28% as a result of these changes.
The following 11 components will be added to the Dow Jones EPAC Select Dividend Index: Felix Resources Ltd. (Australia, Basic Resources, FLX.AU), Golden Agri-Resources Ltd. (Singapore, Food & Beverage, E5H.SG), Hays PLC (United Kingdom, Industrial Goods & Services, HAS.LN), Konecranes Oyj (Finland, Industrial Goods & Services, KCR1V.HE), PPR S.A. (France, Retail, 12148.FR), OMV AG (Austria, Oil & Gas, OMV.VI), Telenor AS (Norway, Telecommunications, TEL.OS), Sandvik AB (Sweden, Industrial Goods & Services, SAND.SK), Sherritt International Corp. (United States, Basic Resources, SHERF; S.T), SSAB Svenskt Stal AB Series A (Sweden, Basic Resources, SSAB-A.SK) and WorleyParsons Ltd. (Australia, Oil & Gas, WOR.AU).
Companies exiting the index: Allied Irish Banks PLC (Ireland, Banks, ALBK.DB), Eniro AB (Sweden, Media, ENRO.SK), Friends Provident PLC (United Kingdom, Insurance, FP.LN), Insurance Australia Group Ltd. (Australia, Insurance, IAG.AU), Jardine Lloyd Thompson Group PLC (United Kingdom, Insurance, JLT.LN), Lloyds TSB Group PLC (United Kingdom, Banks, LLOY.LN), Pirelli & C. Real Estate S.p.A. (Italy, Real Estate, PRS.MI), Shenzhen Investment Ltd. (Hong Kong, Real Estate, 0604.HK), TABCorp Holdings Ltd. (Australia, Travel & Leisure, TAH.AU), Takefuji Corp. (Taiwan, Financial Services, 8564.TO) and Trinity Mirror PLC (United Kingdom, Media, TNI.LN)
The dividend yield of the reconstituted Dow Jones EPAC Select Dividend Index will increase to 11.76% from 11.00% as a result of these changes.
The following three components will be added to the Dow Jones Asia/Pacific Select Dividend 30 Index: Bradken Ltd. (Australian, Industrial Goods & Services, BKN.AU), Singapore Airlines Ltd. (Singapore, Travel & Leisure, C6L.SG) and WorleyParsons Ltd. (Australia, Oil & Gas, WOR.AU).
Companies exiting the index: Insurance Australia Group Ltd. (Australia, Insurance, IAG.AU), TABCorp Holdings Ltd. (Australia, Travel & Leisure, TAH.AU) and Takefuji Corp. (Japan, Financial Services, 8564.TO).
The dividend yield of the reconstituted Dow Jones Asia/Pacific Select Dividend 30 Index will increase to 11.53% from 10.04% as a result of these changes.
The following two components will be added to the Dow Jones Asia Select Dividend 30 Index: Golden Agri-Resources Ltd. (Singapore, Food & Beverage, E5H.SG) and Singapore Airlines Ltd. (Singapore, Travel & Leisure, C6L.SG)
Companies exiting the index: Shenzhen Investment Ltd. (Hong Kong, Real Estate, 0604.HK) and Chong Hing Bank Ltd. (Hong Kong, Banks, 1111.HK).
The dividend yield of the reconstituted Dow Jones Asia Select Dividend 30 Index will increase to 10.22% from 8.07% as a result of these changes.
The composition of the Dow Jones Canada Select Dividend Index will remain unchanged.
The dividend yield of the reconstituted Dow Jones Canada Select Dividend Index also will remain unchanged at 5.85%.
The following six components will be added to the Dow Jones Japan Select Dividend 30 Index: Makita Corp. (Japan, Personal & Household Goods, MKTAY; 6586.TO), Mitsubishi Gas Chemical Co. Inc. (Japan, Chemicals, 4182.TO), Nintendo Co. Ltd. (Japan, Personal & Household Goods, 7974.OK), Nippon Oil Corp. (Japan, Oil & Gas, 5001.TO), Sumitomo Corp. (Japan, Industrial Goods & Services, 8053.TO) and Trend Micro Inc. (Japan, Technology, TMICY; 4704.TO).
Companies exiting the index: Hokkaido Electric Power Co. Inc. (Japan, Utilities, 9509.TO), Kansai Electric Power Co. Inc. (Japan, Utilities, 9503.TO), Seiko Holdings Corp. (Japan, Personal & Household Goods, 8050.TO), Showa Corp. (Japan, Automobiles & Parts, 7274.TO), Takefuji Corp. (Japan, Financial Services, 8564.TO) and Tohoku Electric Power Co. Inc. (Japan, Utilities, 9506.TO).
The dividend yield of the reconstituted Dow Jones Japan Select Dividend 30 Index will increase to 5.17% from 4.14% as a result of these changes.
The following nine components will be added to the Dow Jones U.S. Select Dividend Index: American Electric Power Co. Inc. (United States, Utilities, AEP), Darden Restaurants Inc. (United States, Travel & Leisure, DRI), Tupperware Brands Corp.(United States, Personal & Household Goods, TUP), International Paper Co. (United States, Basic Resources, IP), OGE Energy Corp. (United States, Oil & Gas, OGE), Patterson-UTI Energy Inc. (United States, Oil & Gas, PTEN), Steel Dynamics Inc. (United States, Basic Resources, STLD), Teco Energy Inc. (United States, Utilities, TE) and Timken Co. (United States, Industrial Goods & Services, TKR).
Companies exiting the index: D.R. Horton Inc. (United States, Personal & Household Goods, DHI), KeyCorp (United States, Banks, KYC), New York Times Co. Cl A (United States, Media, NYT), Old Republic International Corp. (United States, Insurance, ORI), Popular Inc. (United States, Banks, BPOP), PNM Resources Inc. (United States, Utilities, PNM), Provident Bankshares Corp. (United States, Banks, PBKS), Superior Industries International Inc. (United States, Automobiles & Parts, SUP) and Webster Financial Corp. (United States, Banks, WBS).
The dividend yield of the reconstituted Dow Jones U.S. Select Dividend Index will increase to 5.91% from 5.56% as a result of these changes.
The Dow Jones Select Dividend Index family currently includes global indexes, regional indexes for Europe, Asia and the Americas, and country-specific indexes for Australia, Canada, France, Germany, Italy, Japan, the Netherlands, Spain, Sweden, Switzerland, the U.S. and the U.K. Each index includes a fixed number of components, ranging from 20 to 100, depending on the size of the market, and that are selected to the index based on rankings by dividend yield. Index components are weighted by indicated annual dividend.
Further information, as well as the complete component list and methodology of the Dow Jones Select Dividend Indexes, can be found on the Dow Jones Indexes Web site at http://www.djindexes.com.
Changes to the Dow Jones Select Dividend Indexes do not in any way reflect an opinion on the investment merits of the companies being added or deleted.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com or call one of the Dow Jones Indexes/STOXX press offices.
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