Six Swiss Exchange launches SPI Select Dividend Index

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Six Swiss Exchange launched the SPI Select Dividend 20 Index on April 24. The index includes 20 stocks from the SPI Index which show the highest historical dividend payments and the most solid profitability. To qualify for inclusion in the SPI Select Dividend 20 index, stocks must have minimum average daily traded volume of SFr2 million ($2.23 million) over the past 12 months, and have paid dividends in at least four out of the last five financial years. The new index is weighted based on free