NEW YORK, March 14, 2016 (GLOBE NEWSWIRE) -- The Nasdaq Group, Inc. (Nasdaq:NDAQ) today announced the results of the annual evaluation of the NASDAQ US Broad Dividend Achievers™ Index (Nasdaq:DAA), which will become effective prior to market open on Monday, March 21, 2016.
The following twenty-four securities will be added to the Index: Accenture plc (NYSE:ACN), American Financial Group, Inc. (NYSE:AFG), Ameriprise Financial, Inc. (NYSE:AMP), Atrion Corporation (Nasdaq:ATRI), Bob Evans Farms, Inc. (Nasdaq:BOBE), BOK Financial Corporation (Nasdaq:BOKF), Cummins Inc. (NYSE:CMI), CenterPoint Energy, Inc. (NYSE:CNP), Connecticut Water Service, Inc. (Nasdaq:CTWS), Daktronics, Inc. (Nasdaq:DAKT), G&K Services, Inc. (Nasdaq:GK), International Speedway Corporation (Nasdaq:ISCA), Monro Muffler Brake, Inc. (Nasdaq:MNRO), National HealthCare Corporation (NYSE:NHC), NorthWestern Corporation (NYSE:NWE), ONEOK Partners, L.P. (NYSE:OKS), 1st Source Corporation (Nasdaq:SRCE), STERIS plc (NYSE:STE), StoneMor Partners L.P. (NYSE:STON), Sensient Technologies Corporation (NYSE:SXT), The Hanover Insurance Group, Inc. (NYSE:THG), TransMontaigne Partners L.P. (NYSE:TLP), Torchmark Corporation (NYSE:TMK), and The Travelers Companies, Inc. (NYSE:TRV).
The NASDAQ US Broad Dividend Achievers Index is comprised of US accepted securities with at least ten consecutive years of increasing annual regular dividend payments. The NASDAQ US Broad Dividend Achievers Index is reviewed on an annual basis. For more information about the NASDAQ US Broad Dividend Achievers Index, including detailed eligibility criteria, visit indexes.nasdaqomx.com.
As a result of the evaluation, the following eight securities will be removed from the Index: Airgas, Inc. (NYSE:ARG), ConocoPhillips (NYSE:COP), Darden Restaurants, Inc. (NYSE:DRI), NACCO Industries, Inc. (NYSE:NC), Questar Corporation (NYSE:STR), First Financial Corporation Indiana (Nasdaq:THFF), VSE Corporation (Nasdaq:VSEC), and Williams Companies, Inc. (The) (NYSE:WMB).
About Nasdaq Global Indexes
Nasdaq Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Dividend and Income (includes Dividend Achievers™), Dorsey Wright, Fixed Income (includes BulletShares®), Global Equity, Green Economy, Nordic and Commodity indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. Nasdaq also provides exchange listing, custom index and design solutions to financial organizations worldwide.
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of approximately $9.6 trillion and more than 10,000 corporate clients. To learn more, visit: www.nasdaq.com/ambition or business.nasdaq.com.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The Nasdaq Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding Nasdaq’s proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
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