One Addition in S-Network Durable Dividends Mid-Cap Index Annual Reconstitution
New York, NY, Thursday, December 7, 2017 — The S-Network Durable Dividends Mid-Cap IndexSM (TICKER: SNDDMX) will add one constituent in its annual reconstitution, effective 6:00 PM (EST) Sunday, December 17, 2017, changing the number of index components to 49.
The addition to SNDDMX is: Jabil Inc (TICKER: JBL US).
A complete list of constituents and weights will be posted on the S-Network Durable Dividend Indexes website (www.durabledividends.com) as of the effective date.
The S-Network Durable Dividend Indexes are designed to include the highest dividend yielding stocks in each of eleven GICS sectors that pass screens for durability.
The S-Network Durable Dividend US Mid-Cap Index (SNDDMX) consists of 50 companies included in the S-Network US Mid-Cap 500 Index (TICKER: SNM500). The constituents are chosen from among the top-yielding SNM500 constituents using a series of screens for durability, including cash flow, EBITDA, and current debt to equity ratio.
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 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...
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