Dow Jones Dividend Indices - S&P Dow Jones Indices

Dow Jones Dividend Indices

Methodology

March 2021

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 Emerging Markets Select Dividend Index

9

Dow Jones EPAC Select Dividend Index

10

Dow Jones Eurozone Select Dividend 30 Index

12

Dow Jones Global Select Dividend Index

14

Dow Jones Global Select Dividend Composite Index

15

Dow Jones International Dividend 100 Index

16

Dow Jones Canada Select Dividend Index

18

Dow Jones U.S. Dividend 100 Index

19

Dow Jones U.S. Select Dividend Index

21

Dow Jones Taiwan High Quality Dividend 30 Index

23

Dow Jones Islamic Market Global Select Dividend Index

24

Index Calculations

26

Approaches

26

Dow Jones Select Dividend Hedged Indices

26

Earnings-per-share (EPS)

26

Liquidity

27

Multiple Classes of Stock

27

Dividend Payment Types

27

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Index Maintenance

28

Rebalancing

28

Ongoing Maintenance

28

Corporate Actions

29

Currency of Calculation and Additional Index Return Series

29

Base Dates and History Availability

29

Investable Weight Factor (IWF)

29

Other Adjustments

29

Index Data

30

Calculation Return Types

30

Index Governance

31

Index Committee

31

Index Policy

32

Announcements

32

Pro-forma Files

32

Holiday Schedule

32

Rebalancing

32

Unexpected Exchange Closures

32

Recalculation Policy

32

Real-Time Calculation

33

Contact Information

33

Index Dissemination

34

Tickers

34

Index Data

34

Web site

34

Appendix I ? Currency of Calculation

35

Index Currencies and Exchange Rates

35

Appendix II ? Base Dates and History Availability

36

Appendix III ? Tickers

37

Global/Regional Indices

37

Country Indices

37

Thematic Indices

39

Appendix IV ? Methodology Changes

40

Disclaimer

48

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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 between 30 and 300 stocks meeting specific criteria such as size, dividends, and liquidity. The indices are weighted by dividend yield, Indicated Annual Dividend ("IAD") and country yield, or float-adjusted market capitalization, subject to index-specific caps applied to individual constituents, country of domicile and/or Global Industry Classification Standard ("GICS") sector as further detailed under Eligibility Criteria and Index Construction.

Highlights and Index Family

Global/Regional Indices

? Dow Jones Asia Select Dividend 30 Index. Measures the stock performance of 30 high dividend-paying 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 stock performance of 50 high dividend-paying stocks, it currently represents Australia, Hong Kong, Japan, New Zealand and Singapore.

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

? Dow Jones EPAC Select Dividend Index. Measures the stock performance of 100 high dividend-paying stocks, it covers non-U.S. developed markets. (EPAC: Europe, Pacific, Asia, and Canada)

? Dow Jones Eurozone Select Dividend 30 Index. Measures the stock performance of 30 high dividend-paying stocks and covers the Eurozone-markets.

? Dow Jones Global Select Dividend Index. Measures the stock performance of 100 high dividend-paying stocks trading in developed-market countries.

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

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

Country Indices

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

Americas

? Dow Jones Canada Select Dividend Index. Measures the stock performance 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 performance of 100 high dividend-

paying companies, excluding REITs, meeting specific criteria for 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 performance of 100 high dividendpaying U.S. companies with a record of consistently paying dividends, selected for fundamental strength relative to their peers, based on financial ratios.

? Dow Jones Taiwan High Quality Dividend 30 Index. Measures the stock performance of 30 high dividend-paying Taiwanese companies with a record of consistently paying dividends, selected for fundamental strength relative to their peers, based on financial 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 for 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. References throughout the methodology direct the reader to the relevant supporting document for further information on a specific topic. The list of the main supplemental documents for this methodology and the hyperlinks to those documents is as follows:

Supporting Document S&P Dow Jones Indices' Equity Indices Policies & Practices Methodology S&P Dow Jones Indices' Index Mathematics Methodology S&P Dow Jones Indices' Float Adjustment Methodology S&P Dow Jones Indices' Global Industry Classification 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 aforementioned objective 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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