NEW YORK, Feb. 2, 2005 — Dow Jones Indexes today announced a component change in the Dow Jones Select Dividend Index.
Fannie Mae will be deleted from the Dow Jones Select Dividend Index and replaced by Astoria Financial (AF). Fannie Mae is being removed because its bisection of dividends announced in January 2005 led to the company dropping below the top 200 companies by yield.
The changes in the Dow Jones Select Dividend Index will be effective at the opening of trading on Friday, February 4, 2005.
The Dow Jones Select Dividend Index includes 100 stocks derived from the Dow Jones U.S. Total Market Index, a broad market benchmark index that represents approximately 95% of U.S. market capitalization.
Further information as well as the complete component list can be found at the Dow Jones Select Dividend Index site.