Dow Jones Indexes to license six dividend indexes to Unicredit

Dow Jones Indexes today announced that six new dividend indexes have been licensed by UniCredit to serve as the basis for Certificates to be issued in Germany and Austria. Marketed under the brand names “HypoVereinsbank onemarkets” in Germany and “UniCredit onemarkets” in Austria, the certificates will be listed on the Frankfurt and Stuttgart Stock Exchanges. The indexes are calculated according to Dow Jones Indexes’ “distributing” methodology.

The six new indexes launched today include:
– Dow Jones U.K. Select Dividend 20 Distributing Index;
– Dow Jones U.S. Select Dividend Distributing Index;
– Dow Jones Canada Select Dividend Distributing Index;
– Dow Jones Asia/Pacific Select Dividend 30 Distributing Index;
– Dow Jones Australia Select Dividend 30 Distributing Index; and
– Dow Jones Switzerland Select Dividend 15 Distributing Index.

The distributing methodology used to calculate the indexes aims to provide enhanced transparency into a base index’s price performance and its accumulated distributed dividends. It couples the performance of the underlying index with a theoretical cash component, reflecting the dividends paid by the component companies every six months.

Dow Jones Indexes introduced its first-of-its kind distributing methodology in September 2011, applying the approach to European indexes in the Dow Jones Select Dividend Index family. Dow Jones Indexes has been an industry leader in dividend indexing since launching the Dow Jones U.S. Select Dividend Index in 2003.

“The innovative ideas that propelled us to be pioneers in dividend indexing lead to lofty expectations for all of the work we do in this burgeoning field,” said Mike A. Petronella, President, Dow Jones Indexes. “That’s why, with these new indexes, we intend to provide even more creative choices with which the marketplace can reliably measure dividend-paying stocks.”

The underlying Dow Jones Select Dividend Indexes represent leading dividend-paying companies. The indexes are weighted based on dividend yield, with individual securities capped at 10%. The indexes are reviewed semi-annually in June and December.