NEW YORK, JUNE 23, 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 June 30, 2016, TECO Energy Inc (Exchange: NYSE, Ticker: TE) will be removed from the Dow Jones U.S. Select Dividend Index. Emera Inc. (Exchange: TSX, Ticker: EMA) will acquire TECO Energy Inc. for US$27.55 in cash per common 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.
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