Key facts
- Nikkei will add 12 stocks to the Nikkei Progressive and High Dividend Stock Index.
- Dai-ichi Life Holdings and Sekisui House are among the new constituents.
- Sumitomo Mitsui Trust Group and Astellas Pharma are among the removed constituents.
- Changes to the indices are effective from June 30.
- The Nikkei 225 High Dividend Stock 50 Index comprises 50 high dividend yield stocks from the Nikkei 225.
- The Nikkei Stock Average Dividend Point Index tracks accumulated dividends from Nikkei 225 constituents.
Nikkei Inc. is revising its dividend-focused indices, adding new constituents and removing others. For the Nikkei Progressive and High Dividend Stock Index, 12 stocks will be added, including Dai-ichi Life Holdings, while 12 stocks, such as Sumitomo Mitsui Trust Group, will be removed. The Nikkei Consecutive Dividend Growth Stock Index will see three additions, including Sekisui House, and the removal of Astellas Pharma. These changes are scheduled to take effect from June 30. The Nikkei Progressive and High Dividend Stock Index selects stocks based on their history of maintaining or increasing dividends and ranks them by forecast dividend yield. The Nikkei Consecutive Dividend Growth Stock Index focuses on companies with a history of consecutive dividend increases. The Nikkei 225 High Dividend Stock 50 Index, a separate index, comprises 50 high dividend yield stocks selected from the Nikkei 225 constituents, weighted by dividend yield and liquidity. Additionally, the Nikkei Stock Average Dividend Point Index accumulates dividends from Nikkei 225 constituents on a calendar year basis.