The index is an equal weight index which comprises 70 Japanese stocks with highly-estimated dividend yields. It aims to have index-related products that deliver stable high dividend income.
The constituents are selected considering both continuity of dividends and investability based on a predefined methodology.
The index is designed to meet the increasing needs of clients for high dividend income. It facilitates a concentrated investment to domestic high dividend stocks at low cost. In order to accommodate operating businesses of the index-related products, the index is constructed solely with investable stocks in accordance with its objective constructing rules.
