ATX® Top Dividend Total Return
Indexlaunch: 20.09.2011
Main Features of the ATX Top Dividend Total Return:
The ATX Top Dividend Total Return consists of the 10 index members of the ATX with the highest dividend yield. Calculated and disseminated in real-time, the index is denominated in EUR and serves as underlying for structured and standardized derivates.
| Short Code | ISIN | Bloomberg | Reuters | Calculation Time |
|---|---|---|---|---|
| ATX TD TR | ADTR <Index> | .ADTR | CET 9:00 - 17:45 |
Main Features of the ATX Top Dividend Total Return:
- Dividend payments are considered (Gross Dividend).
- The free float is represented by the weighting factors: 0.10 – 0.20 – 0.30 – 0.40 – 0.50 – 0.60 – 0.70 – 0.80 – 0.90 – 1.00.
- Representation factors can take values between 0.01 and 1.00.
- The maximum weighting of a stock is obtained by considering a representation factor in the calculation. The repre-sentation factor is determined in such way so as to ensure that every index stock has a weighting of up to 20%.
- New index values are triggered by price updates in the index stocks.
- Changes to the index composition and the review of the free float and representation factors are decided by the ATX Committee on a quarterly basis.
- The composition of the indices is reviewed every year in September.