One Addition in S-Network Mid-Cap Sector Dividend Dogs Index Quarterly Rebalancing
New York, NY, Thursday, June 8, 2017 — The S-Network Mid-Cap Sector Dividend Dogs IndexSM (TICKER: MDOGX) will add one constituent in its quarterly rebalancing, effective 6:00 PM (EST) Sunday, June 18, 2017, changing the number of index components to 45.
The additions to MDOGX is TALLGRASS ENERGY GP LP (TICKER: TEGP US). It is being added to replace Western Refining (TICKER: WNR US), which was delisted due to an acquisition by Tesoro Corp.
A complete list of constituents and weights will be posted on the S-Network Sector Dividend Dogs website (sdogx.snetglobalindexes.com) as of the effective date.
MDOGX is a portfolio of up to 50 stocks derived from the S-Network Mid-Cap 500 IndexSM (SNM500). The MDOGX methodology selects the five stocks in each of the 10 GICS sectors (excluding Real Estate) making up the SNM500 that offer the highest dividend yields as of the last trading day of November. MDOGX excludes pass-through securities.
MDOGX is rules based and fully transparent, employing a methodology that weights all 50 index constituents equally. Information about the index family can be found at sdogx.snetglobalindexes.com.
Index: S-Network Mid-Cap Sector Dividend Dogs Price Index TICKER: MDOGX
Index: S-Network Mid-Cap Sector Dividend Dogs Total Return Index TICKER: MDOGXTR
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. S-Network began publishing indexes in 2006 and currently publishes over 300 indexes, which serve as the underlying portfolios for financial products with approximately USD 7 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. More...