SIX Exchange Bows New Index Data
The new index, dubbed SPI Select Dividend 20 Index, will include stocks with a positive payout ratio and a minimum average daily traded volume of 2.0 million Swiss francs over the past 12 months that have paid dividends in at least four out of the last five years, the exchange says. Companies will be ranked by dividend yield, and the top 30 companies will form the gauge's selection list, which will be arranged by return on capital in descending order, with the top 20 companies included in the
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