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).
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