Calculation dividend point indices
The dividend point indices of Wiener Börse AG are calculated end-of-day. The new
index value is calculated by cumulating all into divdend points converted dividend
payments of the related index members of a base index. Only payments of regular, ordinary
gross cash dividends influence the index value on their ex.-date. If there is no
dividend payment that becomes effective, the index value of the trading day before will be
disseminated.
Formula for the calculation of the dividend amount
| Symbol | Description |
|---|---|
| DA t | Dividendamount |
| N | Number of stocks contained in the index |
| Div i,t | Dividend of stock i in EUR |
| Q i,t | Number of shares of stock i in the index |
| FF i,t | Free float factor of stock i |
| RF i,t | Representation factor of stock i |
| t | Time of index calculation |
| t 0 | Index start date |
Formula for the calculation of indices in EUR:
| Symbol | Description |
|---|---|
| N | Number of stocks contained in the index |
| DVP t | Dividend Point index at time t |
| DVP t-1 | Dividend Point index at time t-1 |
| DA t | Dividendamount |
| AF t | Adjustment factor of Baseindex |
| t | Time of index calculation |
| Symbol | Description |
|---|---|
| N | Number of stocks contained in the index |
| DVP t | Dividend Point index at time t |
| DVP t-1 | Dividend Point index at time t-1 |
| DA t | Dividendamount |
| D t | Divisor of Baseindex |
| t | Time of index calculation |