TOKYO -- Nikkei will add 11 stocks, including Dai-ichi Life Holdings, to its Nikkei 225 High Dividend Yield Stock 50 index as part of its periodic review, while removing eight stocks including Mizuho Financial Group. The index will see fewer deletions than additions, reflecting prior removals made since the last annual review.
The changes will take effect from calculations on June 30.
The index, which consists of 50 Nikkei 225 components with high dividend yields, is reviewed based on projected dividend yields as of the end of May. Following the reshuffle, the weighted average projected dividend yield, calculated using the updated constituents, stood at 3.96%.
For more details, please visit the Nikkei indexes website.
