New York, NY, April 25, 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 May 2, 2016, National Oilwell Varco Inc (Exchange: NYSE, Ticker: NOV) will be removed from the Dow Jones U.S. Select Dividend Index. National Oilwell Varco Inc is being removed as a result of a reduction of its dividend payments.
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.