First Financial Bancorp, Radioshack, Altria Group Inc. among 24 stocks added to Dow Jones U.S. Dividend 100 Index

First Financial Bancorp (Ohio), RadioShack Corp., and Altria Group Inc. will be among 24 stocks added to the Dow Jones U.S. Dividend 100 Index, following a regular annual review, Dow Jones Indexes announced today.

The additional 21 companies to be added are RPC Inc., Reynolds American Inc., Raytheon Co., Mattel Inc., Southern Copper Corp., Cato Corp., CA Inc., Waddell & Reed Financial Inc., General Mills Inc., Maxim Integrated Products Inc., ConAgra Foods Inc., Questar Corp., Erie Indemnity Co., International Paper Co., Medtronic Inc., Eaton Corp., Wisconsin Energy Corp., Tupperware Brands Corp., Illinois Tool Works Inc., Microchip Technology Inc. and New Jersey Resources Corp.

Companies exiting are Everest Re Group Ltd., Crane Co., Gap Inc., Rockwell Automation Corp., Applied Industrial Technologies Inc., Texas Instruments Inc., Praxair Inc., C.H. Robinson Worldwide Inc., VF Corp., Dover Corp., Graco Inc., Brown-Forman Corp., Caterpillar Inc., ITT Corp., Rollins Inc., International Business Machines Corp., SEI Investments Co., Nike Inc., Cummins Inc., W.W. Grainger Inc., TJX Cos., FactSet Research Systems Inc. and Ross Stores Inc.

The dividend yield of the reconstituted Dow Jones U.S. Dividend 100 Index will increase to 3.17% from 2.87%.

The Dow Jones U.S. Dividend 100 Index measures the stock performance of 100 high dividend yielding U.S. companies with a record consistently paying dividends, selected for fundamental strength relative to their peers, based on financial ratios. The index contains 100 stocks that have been selected for fundamental strength relative to their peers and are subject to various screens such as dividend quality and liquidity. The indexes are weighted by dividend yield or a modified market capitalization approach.

Dow Jones Country Titans

Dow Jones Canada Titans 60 Index: Intact Financial Corp. will replace TransAlta Corp. The total free-float market capitalization of the reconstituted index increased to US$1.125 trillion from US$1.122 trillion.
 
Dow Jones Italy Titans 30 Index: Fiat Industrial S.p.A. and Enel Green Power S.p.A. will replace Ansaldo STS S.p.A. and Saras S.p.A. The total free-float market capitalization of the reconstituted index increased to US$275.62 billion from US$266.1 billion.

Dow Jones South Korea Titans 30 Index: S-Oil Corp. and Honam Petrochemical Corp. will replace KT Corp. and Doosan Heavy Industries & Construction Co. Ltd. The total free-float market capitalization of the reconstituted index increased to US$386.77 billion from US$384.71 billion.

Dow Jones Turkey Titans 20 Index: Ihlas Holding A.S. will replace Dogan Sirketler Grubu Holding A.S. The total free-float market capitalization of the reconstituted index increased to US$52 billion from US$51.93 billion.

The Dow Jones Country Titans Indexes represent major markets from Europe, Asia and the Americas. Stocks for each index are selected based on float-adjusted market capitalization and trading volume. Component numbers vary from index to index, based on the size of the underlying market.

All market capitalization data is as of February 28, 2012. All changes announced today will be effective after the close of trading on Friday, March 16, 2012.

 

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced the launch of a new set of ex Financials and ex Banks indices for Europe and the Euro zone. The new indices exclude all companies which are part of the Industry Classification Benchmark's (ICB) industry Financials or the supersector Banks, respectively.