Nikkei 225 High Dividend Yield 50 to replace 5 components
TOKYO -- Nikkei Inc. announced changes on Thursday to the component stocks of Nikkei 225 High Dividend Yield Stock 50 Index as a result of its annual review.
Starting June 30, Nisshin Steel, Mitsui Mining & Smelting, Kawasaki Heavy Industries, Hino Motors and Ricoh will be replaced by Mitsui Chemicals, Nippon Light Metal Holdings, Toyota Motor, Honda Motor and KDDI.
This is the first periodic review of the components of the Nikkei 225 High Dividend Yield 50 Index, which was first calculated and published in January. The components were chosen based on their expected dividend yields as of the end of May.
As of the end of May, the expected dividend yield for the index, following the adjustments, was 3.51%.