New York, NY, Thursday, December 19, 2019 — The S-Network Quality Sector Dividend Dog IndexSM (TICKER: SNQDIV) will add 20 constituents and drop 23 constituents in its annual reconstitution, effective 6:00 PM (ET) Sunday, December 22, 2019, changing the number of index components to 46.
The additions to SNQDIV are: Tegna Inc (TICKER: TGNA US), Kohl's Corp (TICKER: KSS US), Tapestry, Inc (TICKER: TPR US), Philip Morris International (TICKER: PM US), Molson Coors Brewing Co B (TICKER: TAP US), General Mills Inc (TICKER: GIS US), Marathon Petroleum Corp. (TICKER: MPC US), Halliburton Co (TICKER: HAL US), People's United Financial Inc (TICKER: PBCT US), Huntington Bancshares (OH) (TICKER: HBAN US), Merck & Co Inc (TICKER: MRK US), Msc Industrial Direct A (TICKER: MSM US), nVent Electric PLC (TICKER: NVT US), HP Inc (TICKER: HPQ US), Cisco Systems Inc (TICKER: CSCO US), Western Union Co (TICKER: WU US), Nucor Corp (TICKER: NUE US), Sonoco Products Co (TICKER: SON US), Steel Dynamics Inc (TICKER: STLD US), NRG Energy (TICKER: NRG US).
The deletions from SNQDIV are: Hanesbrands Inc (TICKER: HBI US), Leggett & Platt (TICKER: LEG US), Altria Group Inc (TICKER: MO US), Kellogg Co (TICKER: K US), Kimberly-Clark (TICKER: KMB US), Exxon Mobil Corp (TICKER: XOM US), Phillips 66 (TICKER: PSX US), Invesco Ltd (TICKER: IVZ US), Umpqua Hldgs Corp (TICKER: UMPQ US), Gilead Sciences Inc (TICKER: GILD US), Emerson Electric Co (TICKER: EMR US), Johnson Controls International plc (TICKER: JCI US), Western Digital Corp (TICKER: WDC US), Broadcom Inc (TICKER: AVGO US), Cypress Semiconductor Corp (TICKER: CY US), The Chemours Company (TICKER: CC US), Olin Corp (TICKER: OLN US), Huntsman Corp (TICKER: HUN US), Consolidated Edison Inc (TICKER: ED US), Exelon Corp (TICKER: EXC US), Black Hills Corp (TICKER: BKH US), Ugi Corp (TICKER: UGI US), Idacorp Inc (TICKER: IDA US).
The S-Network Quality Sector Dividend Dogs Index (SNQDIV) comprises five stocks in each of 10 GICS Sectors (excluding Real Estate) from the S-Network US Equity Large/Mid-Cap 1000 Index (SN1000) selected for high dividend yield and high ratio of free cash flow to debt. The index reconstitutes each December and rebalances quarterly. SNQDIV excludes pass-through securities.
SNQDIV is rules based and fully transparent, employing a methodology that weights all 50 index constituents equally. Information about the index can be found at snetworkglobalindexes.com.
Index: S-Network Quality Sector Dividend Dogs Price Index TICKER: SNQDIV
Index: S-Network Quality Sector Dividend Dogs Total Return Index TICKER: SNQDIVT