FTSE and JSE debut tradeable dividend index

UK Index provider FTSE and the Johannesburg Securities Exchange (JSE) have launched a tradable index. The FTSE/JSE Dividend Index takes companies from the FTSE/JSE Top 40 Index and FTSE/JSE Mid Cap Index, excluding real estate companies, and ranks them by their one-year forecast dividend yield.

The top 30 companies make up the FTSE/JSE Dividend Index and the constituents' weightings in the index are determined by their dividend yield. The index is the first dividend weighted index covering South

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