Three Additions and Three Deletions in S-Network ADR Dividend Index Quarterly Rebalancing
New York, NY, Wednesday, March 8, 2017 — The S-Network ADR Dividend IndexSM (TICKER: ADRDX) will add three constituents and drop three constituents in its quarterly rebalancing, effective 6:00 PM (EST) Sunday, March 19, 2017, maintaining the number of index components at 50.
The additions to ADRDX are: Grupo Financiero Santander Mexico SAB de CV (TICKER: BSMX UN), ProSiebenSat.1 Media SE ADR (TICKER: PBSFY US), Schneider Electric S.E. Ads (TICKER: SBGSY US).
The deletions from ADRDX are: Banco do Brasil S/A ADS (TICKER: BDORY US), China Distance Education Holdings Ltd (TICKER: DL UN), Randstad Holding N.V. ADS (TICKER: RANJY US).
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. Founded in 1997, S-Network publishes over 200 indexes, which serve as the underlying portfolios for financial products with over USD 6 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...
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