NEW YORK, June 4, 2012 (GLOBE NEWSWIRE) -- Genworth MI Canada Inc., will be added to the Dow Jones Canada High Dividend 50 Index, Dow Jones Indexes announced today.
The addition of Genworth MI Canada Inc. follows the removal of NAL Energy Corp. due to its acquisition by Pengrowth Energy Corp.
Genworth MI Canada Inc. engages in the mortgage insurance business. The company was incorporated in 2009 and is headquartered in Oakville, Canada.
The changes in the Dow Jones Canada High Dividend 50 Index will be effective as of the opening of trade on June 6, 2012.
The Dow Jones Canada High Dividend 50 Index measures the performance of 50 high dividend-paying Canadian stocks and income trust units that are selected for fundamental strength relative to their peers, based on financial rations. Stocks are selected to the index based on dividend yield, 3-year dividend growth, 3-year EPS growth, dividend coverage ratio and capitalization ratio.
Company additions to and deletions from the Dow Jones Canada High Dividend 50 Index does not in any way reflect an opinion on the investment merits of the company.
Journalists may e-mail questions regarding this press release.
Note to Editors:
About Dow Jones Indexes
Dow Jones Indexes (www.djindexes.com) is a leading full-service index provider that develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best-known for the Dow Jones Industrial Average, Dow Jones Indexes offers more than 130,000 equity indexes as well as fixed-income and alternative indexes, including measures of hedge funds, commodities and real estate. Dow Jones Indexes employs clear, unbiased and systematic methodologies that are fully integrated within index families. Dow Jones Indexes is part of a joint venture company owned 90 percent by CME Group Inc. (www.cmegroup.com) and 10 percent by Dow Jones & Company, Inc. (www.dowjones.com), a News Corporation company (NWS) (NWSA) (ASX:NWS) (ASX:NWSLV) (www.newscorp.com).
The Dow Jones Indexes logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1289
"Dow Jones®", "Dow Jones Indexes", "Dow Jones Dividend Indexes" and all other index names listed above are service marks of Dow Jones Trademark Holdings LLC ("Dow Jones"), and have been licensed for use by CME Group Index Services LLC ("CME Indexes"). Investment products based on the Dow Jones Dividend Indexes are not sponsored, endorsed, sold or promoted by Dow Jones, CME Indexes or their respective affiliates and none of Dow Jones, CME Indexes and their respective affiliates make any representation regarding the advisability of investing in such products. Inclusion of a company in any of the Dow Jones Dividend Indexes does not in any way reflect an opinion of Dow Jones, CME Indexes or any of their respective affiliates on the investment merits of such company. None of Dow Jones, CME Indexes or any of their respective affiliates is providing investment advice in connection with these indexes.
CONTACT: Dow Jones Indexes' press office: New York +1 212 597-5720 London +44 20 3379 3804
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