The index universe is defined as all companies in the S&P EPAC Broad Market Index and the S&P Canada Broad Market indices, excluding REITs. Companies must pass the following screens for dividend quality: 1) The company must have paid dividends in each of the previous three years. 2) The company’s previous-year dividend-per-share ratio must be greater than or equal to its three year average annual dividend-per-share ratio. 3) A five-year average dividend coverage ratio must be greater than or equal to two-thirds of the five-year average dividend coverage ratio of the corresponding S&P BMI country index, or greater than 118%, whichever is greater. 4) A non-negative trailing 12-month earnings-per-share (EPS). 5) A float-adjusted market capitalization of at least US$ 1 billion (US$ 750 million for current constituents). The top 100 stocks by indicated dividend yield are selected to the index, subject to buffers designed to limit turnover by favoring current index constituents. Components are weighted based on a combination of indicated annual dividend (to determine component weights within each country) and dividend yield (to determine country weights within the index).
189.44
As of 05/17/2019
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