New York, NY, April 11, 2016: S&P Dow Jones Indices will make the following change in the Dow Jones U.S. Select Dividend Index:
- Effective after the close of trading on April 13, 2016, Cleco Corp (Exchange: NYSE, Ticker: CNL) will be removed from the Dow Jones U.S. Select Dividend Index. A group of investors led by Macquarie Infrastructure Partners will acquire Cleco Corp for $55.37 USD cash per share.
The Dow Jones U.S. Select Dividend Index represents the country’s top stocks by dividend yield, selected annually and subject to screening and buffering criteria.