S&P/JPX Dividend Aristocrats index launches in Japan

By Wendy Van Sickle

Columbus, Ohio, Dec. 22 – S&P Dow Jones Indices, Japan Exchange Group and Tokyo Stock Exchange announced the launch of the S&P/JPX Dividend Aristocrats index on Tuesday.

The new index measures the performance of the Tokyo Stock Price index constituents that have followed a policy of consistently increasing dividends or maintaining stable dividends every year for at least 10 years.

The index is part of the S&P/JPX Smart Beta Index Series developed based upon a strategic index agreement signed by S&P DJI, JPX and TSE in October.

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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