LONDON, June 13, 2012 (GLOBE NEWSWIRE) -- Indo Tambangraya Megah will be added to the Dow Jones Emerging Markets Select Dividend Index, Dow Jones Indexes announced today.
The addition of Indo Tambangraya Megah follows the removal of South Africa's Telkom S.A. Limited, which is being removed due to the cancellation of its dividend payment.
Headquartered in Jakarta, Indonesia, Indo Tambangraya Megah is a coal mining and power company.
The changes in the Dow Jones Emerging Markets Select Dividend Index will be effective before the open of trading on Tuesday, June 19, 2012.
The Dow Jones Emerging Markets Select Dividend Index measures the stock performance of 100 leading dividend-paying emerging markets companies by their dividend yield.
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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