Three Additions and Three Deletions in S-Network ADR Dividend Index Quarterly Rebalancing
New York, NY, Thursday, March 07, 2019 — The S-Network ADR Dividend IndexSM (TICKER: ADRDX) will add three constituents and drop three constituents in its quarterly rebalancing, effective 6:00 PM (ET) Sunday, March 17, 2019, maintaining the number of index components at 50.
The additions to ADRDX are: Wh Group Ltd Adr (TICKER: WHGLY US), United Microelectronics Corp Adr (TICKER: UMC UN), Enel S.p.A. ADS (TICKER: ENLAY US).
The deletions from ADRDX are: Japan Tobacco Inc Adr (TICKER: JAPAY US), Chipmos Taiwan Adr (TICKER: IMOS UQ), Huaneng Power Intl Adr N (TICKER: HNP UN).
The S-Network ADR Dividend Index (ADRDX) is a portfolio of fifty stocks derived from the BNY Mellon Composite Depository Receipt Index (ADR Index). The ADRDX methodology selects the five stocks in each of the ten GICS sectors that make up the ADR Index which offer the highest dividend yields as of the last trading day of May.
ADRDX is rules based and fully transparent, employing a methodology that weights all 50 index constituents equally. The index rules and methodology can be found by clicking here.
Index: S-Network ADR Dividend Index TICKER: ADRDX
Index: S-Network ADR Dividend Total Return Index TICKER: ADRDXTR
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...