Dow Jones Sustainability Europe high beta, high dividend index launched

By Tali Rackner

Norfolk, Va., Nov. 9 – S&P Dow Jones Indices announced the launch of the Dow Jones Sustainability Europe Diversified High Beta High Dividend index, which is designed to measure high income liquid stocks with high historical beta within the Dow Jones Sustainability Europe Diversified index, according to a press release.

The index contains 50 of the high yielding high beta companies within the Dow Jones Sustainability Europe Diversified index, which in turn is part of the Dow Jones Sustainability Diversified family of indexes (DJSI Diversified).

“We are excited to launch a smart beta ESG index that will allow investors to measure performance of sustainable firms that also have desirable dividend income and tradability characteristics,” associate director of strategy indexes Tianyin Cheng said in the release.

New York-based S&P Dow Jones Indices is a part of McGraw Hill Financial and provides index-based concepts, data and research.

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