Stoxx launches global high dividend index

Stoxx, the European index provider, has launched the Dow Jones Stoxx Global Select Dividend 100 Index, adding to the Dow Jones and Dow Jones Stoxx Select Dividend index series.

The Dow Jones Stoxx Global Select Dividend 100 Index is the first global index that measures the performance of high-dividend yielding stocks worldwide. It tracks the 40 highest dividend-yielding stocks in the Americas as well as the 30 highest dividend-yielding stocks in Europe and in Asia/Pacific, respectively.

The index is designed to underlie financial products and has already been licensed to serve as an underlying for an ETF, which is scheduled to be launched in the second quarter of 2007

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