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Products January 25, 2008
New S&P Indexes Track Stocks With Dividend Opportunities
January 25, 2008 (PLANSPONSOR.com) - Standard &
Poor's has launched the S&P Dividend Opportunities
Indices, two new indexes designed to "provide investors with
exposure to high yielding stocks throughout the
world,"
Reported by Nevin E. Adams
According to a press release, the S&P Global Dividend Opportunities Index and the S&P International Dividend Opportunities Index are designed to serve as alpha generating indices for income seeking investors.
Both indexes are comprised of 100 tradable, exchange-listed common stocks from across the world that offer high dividend yields. The S&P International Dividend Opportunities Index does not include U.S. domiciled securities.
The universe from which the S&P Dividend Opportunities Indices is drawn from is the S&P/Citigroup Broad Market Index, an index that includes all dividend paying common stocks and American Depositary Receipts (ADRs) listed on eligible exchanges around the world. Derivatives, structured products, over-the-counter listings, mutual funds and exchange-traded funds (ETFs) are not eligible.
“The launch of these two indices underscores Standard & Poor’s commitment to producing alpha generating strategy indices with a methodology designed to provide returns over and above traditional benchmark indices,” said Tim Eisenhauer, Vice President of Standard & Poor’s Index Services, in a press release.
For more information on the S&P Dividend Opportunities Indices, check outand click on “Strategy Indices” in the left navigation tab.