NEW YORK, March 17, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced the results of the semi-annual evaluation of the NASDAQ Technology Dividend IndexSM (Nasdaq:NQ96DIVUS), which will become effective prior to market open on March 24, 2014.
The following fourteen securities will be added to the Index: EMC Corporation (NYSE:EMC), Frontier Communications Corporation (Nasdaq:FTR), Himax Technologies, Inc. (Nasdaq:HIMX), ChipMOS TECHNOLOGIES (Bermuda) LTD. (Nasdaq:IMOS), Mentor Graphics Corporation (Nasdaq:MENT), Nice-Systems Limited (Nasdaq:NICE), NetApp, Inc. (Nasdaq:NTAP), Open Text Corporation (Nasdaq:OTEX), Power Integrations, Inc. (Nasdaq:POWI), SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC), Shenandoah Telecommunications Co (Nasdaq:SHEN), Silicon Motion Technology Corporation (Nasdaq:SIMO), SanDisk Corporation (Nasdaq:SNDK), Wipro Limited (NYSE:WIT).
The Index includes up to 100 Technology and Telecommunications companies that pay a regular or common dividend. The NASDAQ Technology Dividend Index is evaluated on a semi-annual basis. For more information about the NASDAQ Technology Dividend Index, including detailed eligibility criteria, visit https://indexes.nasdaqomx.com/.
As a result of the evaluation, the following twelve securities will be removed from the Index: ARM Holdings plc (Nasdaq:ARMH), China Unicom (Hong Kong) Ltd (NYSE:CHU), EarthLink Holdings Corp. (Nasdaq:ELNK), KT Corporation (NYSE:KT), Leidos Holdings, Inc. (NYSE:LDOS), Linear Technology Corporation (Nasdaq:LLTC), Micrel, Incorporated (Nasdaq:MCRL), Nippon Telegraph and Telephone Corporation (NYSE:NTT), SK Telecom Co., Ltd. (NYSE:SKM), Seagate Technology. (Nasdaq:STX), United Online, Inc. (Nasdaq:UNTD), Telefonica Brasil S.A. (NYSE:VIV).
About NASDAQ OMX Global Indexes
NASDAQ OMX Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Dividend Achievers, Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. NASDAQ OMX Global Indexes also provides custom index services and design solutions to selected financial organizations. For more information about NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com.
About NASDAQ OMX Group
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $7 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding NASDAQ's proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
CONTACT: Media Contacts: Joseph Christinat, NASDAQ OMX +1.646.441.5121 Josh Machiz, NASDAQ OMX +184.108.40.20614 Issuer & Investor Contact: Natasha Selzer, NASDAQ OMX +1.301.978.8623
Source:The NASDAQ OMX Group, Inc.