Indonesian coal mining and power company Indo Tambangraya Megah is to be added to the Dow Jones Emerging Markets Select Dividend Index, the underlying index for the iShares Dow Jones Emerging Markets Select Dividend ETF (SEDY).
The addition of Indo Tambangraya Megah follows the removal of South Africa’s Telkom SA Limited, which is being removed due to the cancellation of its dividend payment.
The changes in the Dow Jones Emerging Markets Select Dividend Index will be effective before the open of trading on Tuesday, 19 June, 2012.
The Dow Jones Emerging Markets Select Dividend Index measures the stock performance of 100 leading dividend-paying emerging markets companies by their dividend yield.
