Hang Seng Indexes Company (Hang Seng) has launched the Hang Seng SCHK High Dividend Yield Index which tracks the overall performance of high-dividend-yield securities listed in Hong Kong and eligible for trading via the southbound trading link of the Stock Connect Scheme.
The index comprises the 50 highest dividend yielding stocks among sizeable Hong Kong-listed securities that have also demonstrated relatively lower price volatility and a persistent dividend payment record for the latest three fiscal years. The new index will serve as a benchmark for investors who are looking to build a stable income-oriented investment portfolio and a basis for issuers who are looking to create index-linked financial products for dividend yield-related investment strategies.
The Hang Seng SCHK High Dividend Yield Index is calculated and disseminated in real- time at two-second intervals.
