TOKYO — Nikkei will add Honda Motor, Nissan Motor and seven other shares to the constituents of the Nikkei 225 High Dividend Yield Stock 50 Index on June 28 as part of periodic review, the index provider said on Friday.
Hitachi Construction Machinery, Casio Computer and Astellas Pharma are also among the new additions. Mitsui & Co., Nomura Holdings and five other shares will be removed from the index.
The index has had 48 components since two were removed in the period following the last review. With this reshuffle, the number will return to 50.
The stocks were selected based on their expected dividend yields at the end of May. The weighted average dividend yield of the index based on the new 50 constituents was estimated at 3.85% as of May 31.
For more details, please visit the index website.