NEW YORK, June 4, 2009 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular annual and regular quarterly review of the Dow Jones Select Dividend Indexes. The changes will be effective after the close of trading on Friday, June 19, 2009.
In the Dow Jones Asia Select Dividend 30 Index, Singapore Airlines Ltd. (Singapore, Travel & Leisure, C6L.SG), Wing Hang Bank Ltd. (Hong Kong, Banks, 0302.HK) and Huaneng Power International Inc. (Hong Kong, Utilities, 0902.HK) will be replaced by Chinese Maritime Transport Ltd. (Taiwan, Industrial Goods & Services, 2612.TW), CTCI Corp. (Taiwan, Construction & Materials, 9933.TW) and Quanta Computer Inc. (Taiwan, Technology, 2382.TW).
The dividend yield of the reconstituted Dow Jones Asia Select Dividend 30 Index will increase to 5.53% from 4.58% as a result of this regular annual review.
In the Dow Jones Hong Kong Select Dividend Index, Kowloon Development Co. Ltd. (Hong Kong, Financial Services, 0034.HK) will be replaced by Shanghai Industrial Holdings Ltd. (Hong Kong, Industrial Goods & Services,0363.HK).
The dividend yield of the reconstituted Dow Jones Hong Kong Select Dividend Index will increase to 4.91% from 4.60% as a result of this regular annual review.
In the Dow Jones Global Select Dividend Index, the following four components will be removed: Kungsleden AB (Sweden, Real Estate, KLED.SK), Singapore Airlines Ltd. (Singapore, Travel & Leisure, C6L.SG), SBM Offshore N.V. (Netherlands, Oil & Gas, SMBO.AE) and BB&T Corp. (United States, Banks, BBT).
The companies joining the index: Vivendi S.A. (France, Media, VIV.FR), United Group Ltd. (Australia, Construction & Materials, UGL.AU), Adelaide Brighton Ltd. (Australia, Construction & Materials, ABC.AU) and American Electric Power Co. Inc. (United states, Utilities, AEP).
The dividend yield of the reconstituted Dow Jones Global Select Dividend Index will increase to 6.50% from 6.35% as a result of this regular quarterly review.
In the Dow Jones EPAC Select Dividend Index, the following four components will be removed: Elders Ltd. (Australia, Food & Beverage, ELD.AU), Kungsleden AB (Sweden, Real Estate, KLED.SK), Singapore Airlines Ltd. (Singapore, Travel & Leisure, C6L.SG), SBM Offshore N.V. (Netherlands, Oil & Gas, SMBO.AE) and Etablissements Maurel et Prom S.A. (France, Oil & Gas, MAU.FR).
The companies joining the index: Brisa-Autoestradas de Portugal S/A (Portugal, Industrial Goods & Services, BRI.LB), RWE AG (Germany, Utilities, RWE.XE), SP AusNet (Australia, Utilities, SPN.AU), Hellenic Telecommunications Organization S.A. (Greece, Telecommunications, HTO.AT), and Schneider Electric S.A. (France, Industrial Goods & Services, SU.FR).
The dividend yield of the reconstituted Dow Jones EPAC Select Dividend Index will increase to 6.85% from 6.62% as a result of this regular quarterly review.
In the Dow Jones Asia/Pacific Select Dividend 30 Index, Elders Ltd. (Australia, Food & Beverage, ELD.AU) will be replaced by SP AusNet (Australia, Utilities, SPN.AU).
The dividend yield of the reconstituted Dow Jones Asia/Pacific Select Dividend 30 Index will decrease to 7.18% from 7.27% as a result of this regular quarterly review.
In the Dow Jones Australia Select Dividend 30 Index, Abacus Property Group (Australia, Real Estate, ABP.AU) will be replaced by SP AusNet (Australia, Utilities, SPN.AU).
The dividend yield of the reconstituted Dow Jones Australia Select Dividend 30 Index will decrease to 8.13% from 10.66% as a result of this regular quarterly review.
In the Dow Jones Canada Select Dividend Index, Torstar Corp. Cl B (Canada, Media, TS.B.T) will be replaced by Shaw Communications Inc. Cl B NV (Canada, Media, SJR.B.T).
The dividend yield of the reconstituted Dow Jones Canada Select Dividend Index will decrease to 5.11% from 5.14% as a result of this regular quarterly review.
In the Dow Jones Japan Select Dividend 30 Index, Mitsui & Co. Ltd. (Japan, Industrial Goods & Services, 8031.TO) will be replaced by Ono Pharmaceutical Co. Ltd. (Japan, Health Care, 4528.OK).
The dividend yield of the reconstituted Dow Jones Japan Select Dividend 30 Index will increase to 3.30% from 3.15% as a result of this regular quarterly review.
In the Dow Jones U.S. Select Dividend Index, Pacific Capital Bancorp (United States, Banks, PCBC) and Unitrin Inc. (United States, Insurance, UTR) will be replaced by VF Corp. (United Sates, Personal and Household Goods, VFCX) and New Jersey Resources Corp. (United States, Utilities, NJR).
The dividend yield of the reconstituted Dow Jones U.S. Select Dividend Index will decrease to 4.64% from 4.68% as a result of this regular quarterly review.
The Dow Jones Select Dividend Index family currently includes global indexes, regional indexes for Europe, the Asia-Pacific 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 15 to 100, that are selected based on rankings by dividend yield. Index components are weighted by indicated annual dividend.
Further information on the Dow Jones Select Dividend Indexes can be found on 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.
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 that are an integrated segment of the Dow Jones Global Index series. Additionally, Dow Jones Indexes maintains its benchmark index series, the Dow Jones Total Stock Market Indexes, which is anchored by the Dow Jones U.S. Total Stock Market Index 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 (Nasdaq:NWS) (Nasdaq:NWSA) (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