Dow Jones Dividend Indices - S&P Dow Jones Indices

Dow Jones Dividend Indices

Methodology

February 2024

S&P Dow Jones Indices: Index Methodology

Table of Contents

Introduction

3

Index Objective

3

Highlights and Index Family

3

Supporting Documents

4

Eligibility Criteria and Index Construction

5

Dow Jones Asia Select Dividend 30 Index

5

Dow Jones Asia/Pacific Select Dividend 50 Index

7

Dow Jones Asia Select Dividend 100 Index

9

Dow Jones Emerging Markets Select Dividend Index

11

Dow Jones EPAC Select Dividend Index

13

Dow Jones Global Select Dividend Index

15

Dow Jones Global Select Dividend Composite Index

16

Dow Jones International Dividend 100 Index

17

Dow Jones Canada Select Dividend Index

19

Dow Jones U.S. Dividend 100 Index

20

Dow Jones U.S. Select Dividend Index

22

Dow Jones Taiwan High Quality Dividend 30 Index

24

Dow Jones Islamic Market Global Select Dividend Index

25

Index Calculations

26

Dow Jones Select Dividend Hedged Indices

26

Earnings-per-share (EPS)

26

Liquidity

27

Multiple Classes of Stock and Dual Listed Shares

27

Dividend Payment Types

27

Dividend Coverage Ratio

27

Index Maintenance

28

Rebalancing

28

Ongoing Maintenance

28

Monthly Dividend Review

28

Corporate Action Treatment

29

Investable Weight Factor (IWF)

29

Other Adjustments

30

Currency of Calculation and Additional Index Return Series

30

S&P Dow Jones Indices: Dow Jones Dividend Indices Methodology

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Base Dates and History Availability

30

Index Data

31

Calculation Return Types

31

Index Governance

32

Index Committee

32

Index Policy

33

Announcements

33

Pro-forma Files

33

Holiday Schedule

33

Rebalancing

33

Unexpected Exchange Closures

33

Recalculation Policy

34

Real-Time Calculation

34

Contact Information

34

Index Dissemination

35

Tickers

35

Index Data

35

Web site

35

Appendix I ? Currency of Calculation

36

Index Currencies and Exchange Rates

36

Appendix II ? Base Dates and History Availability

37

Appendix III ? Tickers

38

Global/Regional Indices

38

Country Indices

38

Thematic Indices

39

Appendix IV ? Methodology Changes

40

Disclaimer

50

Performance Disclosure/Back-Tested Data

50

Intellectual Property Notices/Disclaimer

51

ESG Indices Disclaimer

53

S&P Dow Jones Indices: Dow Jones Dividend Indices Methodology

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Introduction

Index Objective

The Dow Jones Dividend Indices family measures the performance of dividend -paying companies in a suite of global, regional, country, and thematic indices. Indices contain stocks meeting specif ic criteria such as size, dividends, and liquidity. The indices are weighted by dividend yield , indicated annual dividend, country yield, or float-adjusted market capitalization ("FMC"), subject to index-specif ic caps applied to individual constituents, country of domicile, and/or Global Industry Classif ication Standard ("GICS") sector as f urther detailed under Eligibility Criteria and Index Construction.

Highlights and Index Family

Global/Regional Indices

? Dow Jones Asia Select Dividend 30 Index. Measures the perf ormance of 30 high dividendpaying stocks, it currently represents Hong Kong, Taiwan, Singapore, South Korea, and Hong Kong-listed Chinese companies.

? Dow Jones Asia/Pacific Select Dividend 50 Index. Measures the perf ormance of 50 high dividend-paying stocks, it currently represents Australia, Hong Kong, Japan, New Zealand , and Singapore.

? Dow Jones Asia Select Dividend 100 Index. Measures the performance of 100 high dividendpaying stocks in the S&P Pan Asia BMI, excluding Real Estate Investment Trusts, and companies domiciled in Australia, India, Japan, Pakistan, New Zealand, and China A and B shares.

? Dow Jones Emerging Markets Select Dividend Index. Measures the performance of 100 high dividend-paying emerging-market companies.

? Dow Jones EPAC Select Dividend Index. Measures the perf ormance of 100 high dividendpaying stocks in non-U.S. developed markets. (EPAC: Europe, Pacif ic, Asia, and Canada)

? Dow Jones Global Select Dividend Index. Measures the perf ormance of 100 high dividendpaying stocks trading in developed market countries.

? Dow Jones Global Select Dividend Composite Index. Measures the perf ormance of high dividend-paying companies worldwide through a 300-stock composite of U.S., developed -market ex-U.S., and emerging-market dividend indices.

? Dow Jones International Dividend 100 Index. Measures the perf ormance of 100 high dividend-paying non-U.S. global companies, with a record of consistently paying dividends, selected for f undamental strength (based on f inancial ratios) and low volatility relative to their peers.

Country Indices

Each of the following indices in the Dow Jones Select Dividend Indices f amily represents the country's leading stocks by dividend yield.

Americas

? Dow Jones Canada Select Dividend Index. Measures the stock perf ormance of 30 high dividend-paying companies listed on the Toronto Stock Exchange and constituents of the S&P Canada BMI, excluding income trusts.

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? Dow Jones U.S. Select Dividend Index. Measures the perf ormance of 100 high dividendpaying companies, excluding REITs, meeting specific criteria f or dividends, earnings, size and liquidity.

In addition, the Americas and Asia/Pacific regions also include the following country indices respectively:

? Dow Jones U.S. Dividend 100 Index. Measures the stock perf ormance of 100 high dividendpaying U.S. companies with a record of consistently paying dividends, selected f or f undamental strength relative to their peers, based on f inancial ratios.

? Dow Jones Taiwan High Quality Dividend 30 Index. Measures the stock perf ormance of 30 high dividend-paying Taiwanese companies with a record of consistently paying dividends, selected f or f undamental strength relative to their peers, based on f inancial ratios.

Thematic Indices

? Dow Jones Islamic Market Global Select Dividend Index. Covers high dividend-paying companies in developed countries worldwide that pass rules -based screens f or Shariah compliance.

Supporting Documents

This methodology is meant to be read in conjunction with supporting documents providing greater detail with respect to the policies, procedures and calculations described herein. Ref erences throughout the methodology direct the reader to the relevant supporting document for f urther inf ormation on a specif ic topic. The list of the main supplemental documents f or this methodology and the hyperlinks to those documents is as f ollows:

Supporting Document S&P Dow Jones Indices' Equity Indices Policies & Practices Methodology S&P Dow Jones Indices' Index Mathematics Metho d o lo g y S&P Dow Jones Indices' Float Adjustment Methodology S&P Dow Jones Indices' Global Industry Classif ication Standard (GICS) Methodology

URL Equity Indices Policies & Practices Index Mathematics Methodology Float Adjustment Methodology GICS Methodology

This methodology was created by S&P Dow Jones Indices to achieve the af orementioned object ive of measuring the underlying interest of each index governed by this methodology document. Any changes to

or deviations from this methodology are made in the sole judgment and discretion of S&P Dow Jones Indices so that the index continues to achieve its objective.

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