Because dividends count The dividend index comprises the 15 DAX® companies with the highest dividend yields. It is calculated by dividing the dividend paid by the closing price of the share on the day before distribution. The DivDAX® is rebalanced annually with the DAX® Index. It provides investors with an objective and transparent yardstick for the performance of companies with high dividend yields. It is particularly suited to investors with more conservative investment strategies who want to hold their equities for longer and hope to achieve a high dividend yield. By selecting constituents according to dividend yield, the DivDAX® tracks companies with particularly strong and solid economic performance, and has thereby continuously outperformed the benchmark indices in the past. DivDAX® follows Deutsche Börse’s concept of selection indices. Its composition is reviewed every September. Weighting is based on market capitalization of freely tradable shares, i.e. free float. Weightings are adjusted every quarter. No single stock may account for more than ten percent of the index.
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