SOLSDIVP Solactive Global SuperDividend Index
The Index tracks the performance of 100 equally weighted companies that rank among the highest dividend yielding equity securities in the world. To be eligible, a company must have a market cap of $500 million. To determine the initial composition, the companies in the Selection Pool are ranked in descending order according to their Dividend Yield. The 100 companies with the largest Dividend Yield are chosen as Index Components. On the annual Adjustment Days, if a company is included in the Selection Pool, it is only removed from the index composition if its Dividend Yield on the Selection Day is not in the Top 200 of the Selection Pool. In this case, the company with the largest Dividend Yield that is currently no index member is chosen as replacement. Once a quarter, the index components are screened for dividend cuts or an overall negative outlook concerning the companies’ dividend policy. Companies may be excluded on these quarterly reviews and will be replaced with the top ranked company from the selection pool that is currently no index member.
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As of 05/30/2023
Index Information
Provider: Solactive
Category1: Global Equity
Category2: Global
Category3: Multi-cap
Currency: USD
Inception date: 06/30/2011
Backtesting data exists: No
Weighting methodology: Equal weighted
Number of holdings: 100
Rebalanced: Annually
Reconstituted: Annually
Total return version: SOLSDIV
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