S&P Dow Jones opens Global 1200 Dividend Stability Low Volatility index

By Tali Rackner

Norfolk, Va., Feb. 12 – S&P Dow Jones Indices announced the launch of the S&P Global 1200 Dividend Stability Low Volatility index, according to a press release.

The index was designed to measure the performance of stocks that achieve a balance between dividend yield, dividend growth and volatility.

The index selects 100 stocks from the S&P Global 1200, which measures the performance of 30 countries across the Americas, Europe and Asia-Pacific. The least volatile stocks that pass the index’s dividend growth, dividend payout ratio and dividend yield screens are selected. The selected constituents are then weighted by estimated projected dividend yield.

“We are delighted to launch the S&P Global 1200 Dividend Stability Low Volatility index. It follows a string of similar smart beta indices that we have recently launched, including the S&P 500 Low Volatility Enhanced index and the S&P Europe 350 Buyback Dividend Stability Low Volatility index,” senior director of strategy indexes Vinit Srivastava said in the release.

“These indices address client demand for indices that aim to provide exposure to both dividend yield and low volatility. S&P Dow Jones Indices is a leader in the smart beta space with more than $80 billion in assets tracking both single and multi-factor strategies”.

S&P Dow Jones is part of New York-based McGraw-Hill Cos., a resource for index-based concepts, data and research.

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