Mergent’s Dividend Achievers indices are a highly regarded series of indices that track companies with strong long-term dividend growth.
Charlotte, NC (PRWEB) January 27, 2012
Mergent, Inc. today announced the reconstitution of its Mergent Dividend Achievers™ indices for 2012. Mergent’s Dividend Achievers indices are a highly regarded series of indices that track companies with strong long-term dividend growth. Products based on the Dividend Achievers Index currently have over $11.6 billion in assets under management, and are offered by major investment management firms worldwide, including The Vanguard Group, Inc., Invesco PowerShares (a part of Invesco, Ltd.), Invesco Trimark (also part of Invesco, Ltd.), and others.
The 2012 Broad Dividend Achievers Index is comprised of 201 constituents compared with 189 constituents currently in the 2011 Dividend Achievers Index. The net positive difference of 12 constituents is the result of 23 additions to the index of which were five previously identified companies with ten or more years of increasing dividends that have met the minimum liquidity requirements for inclusion in the 2012 Dividend Achievers Index. The 18 new additions to the index for the first time are led by four large cap companies: The Southern Company, Monsanto Co., NIKE, Inc., and Norfolk and Southern. Of the 189 constituents currently in the 2011 Dividend Achievers Index, 178 are included in the 2012 Dividend Achievers Index for a retention rate of over 94%.
The changes for 2012 resulted in a modest alteration to the Index’s sector allocation, with the largest differences in the Utilities, Materials, and Consumer Discretionary Sectors, resulting from the addition of The Southern Company, Monsanto Co., and NIKE, Inc., respectively. As a result of these changes, the 2012 Broad Dividend Achievers Index has the sector weights, shown in the attached table, compared with the current constituents in the 2011Dividend Achievers Index.
Mergent, Inc. is a leading provider of business and financial information on global publicly listed companies. Based in the U.S, the company maintains a strong global presence, with offices in New York, Charlotte, San Diego, London, Tokyo and Melbourne. Founded in 1900, Mergent operates one of the longest continuously collected databases of: descriptive and fundamental information as well as pricing and corporate action data on domestic and international companies, together with terms and conditions data on corporate and municipal bonds. In addition, Mergent develops and licenses equity, fixed income and commodity index and investment products based on proprietary methodologies. Our licensed products have over $7.5 billion in assets under management and are offered by major investment management firms. Mergent subsidiaries provide services in independent equity research, index calculation and administration and tools for portfolio building and measurement. To learn more, visit http://www.mergent.com
Indxis is a leading independent provider of index technology and investment products. As the only independent index service provider, Indxis offers the most efficient route to market for quality structured products in any market, region, sector, asset class or currency. Indxis is a subsidiary of Mergent, a leading provider of business and financial data on global publicly‐listed companies, and has offices in Europe, Asia Pacific and North America. Indxis also provides calculation services to specialist index providers, exchanges and MTFs. Its data and vendor neutral platform offers real‐time distribution and has been used to calculate and disseminate major global indices for more than 10 years. Using its index-technology, Indxis creates and licenses innovative investment products including ETFs, open and closed end funds and UITs as well as structured products. Investment products based on Indxis’ Dividend Achievers indices currently have more than $9 billion in assets under management and are licensed to major investment firms including BlackRock, Invesco PowerShares, Vanguard and others. Indxis technology is fully customizable and can be developed and extended for in-house use by index providers, MTFs, exchanges who desire complete autonomy over index calculation and investment firms looking to create quick-to-market investment products. For further information visit http://www.indxis.com