Dow Jones Indexes announced component changes in the Dow Jones U.S. Select Dividend and Dow Jones Africa Titans 50 indexes. …
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In the Dow Jones U.S. Select Dividend Index, BancorpSouth Inc. (United States, Banks, BXS) will be replaced by CMS Energy Corp. (United States, Utilities, CMS). BancorpSouth Inc. is being removed due to a decrease in its dividend payment. The company’s new dividend yield does not meet the indexes’ eligibility requirements.
In the Dow Jones Africa Titans 50 Index, Equinox Minerals Ltd. (Canada, Basic Resources, TQN.T) will be replaced by Lonmin PLC (United Kingdom, Basic Resources, LMI.LN). Equinox Minerals Ltd. is being removed due to its acquisition by Barrick Gold Corp. (Canada, Basic Resources, ABX.T).
All changes in the Dow Jones U.S. Select Dividend Index and Dow Jones Africa Titans 50 Index will be effective as of the open of trading on Monday, June 6, 2011.
Source: ETFWorld – Dow Jones Indexes
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