Aozora Bank to be removed from Nikkei 225 High Dividend Yield 50 Index
TOKYO -- Japan's Aozora Bank will be removed from the constituents of the Nikkei 225 High Dividend Yield Stock 50 Index on March 11, as the bank's year-end expected dividend is forecast to be zero at the end of February, the index provider Nikkei said on Friday.
The index, which consists of stocks with high dividend yields among the Nikkei Stock Average, has a rule to delete constituents whose dividends are expected to be zero. No stock will be added to the index, and the number of the constituents will be back to 50 at the annual review in June, the company said.
For more details, please visit the Nikkei indexes website.