Stocks At Risk Of Removal In S&P 500 Index/Dividend Aristocrats Index

By: Disciplined Approach to Investing Friday, June 20, 2008 10:43 AM

Sectors: Index

Symbols: BC, BTU, COG, CTSH, MEE, OMX, PCP

enter symbol

enter search string

Author

Author's Bio and Articles
Visit Author's Website

Alerts by Email

Research Articles
Stock Ranking Changes
We never spam!

One criteria Standard & Poor's uses in considering a stock for inclusion in the Dividend Aristocrats Index is the stock must be a member of the S&P 500 Index. Recent stocks removed from the S&P 500 Index have been stocks with a market capitalization below $5 billion dollars.

Two recent changes to the S&P 500 Index involve the removal of Brunswick (BC) and OfficeMax (OMX). These two companies are being replaced by Cabot Oil & Gas (COG) and Massey Energy (MEE) at the close of trading on June 20, 2008.

Cabot Oil & Gas and Massey Energy added to S&P 500 Index June 20, 2008

Cabot Oil & Gas and Massey Energy added to S&P 500 Index June 20, 2008

Source: Standard & Poor's (pdf)

Existing stocks in the S&P 500 Index that have a market cap below $5 billion are detailed in the below table. Stocks highlighted in red are current dividend aristocrats. The two stocks that are in bold are upcoming removals. It should be noted that changes to the Aristocrats Index do not occur until December of each year.

The S&P Midcap 400 Index contains several stocks with market capitalizations far above $5 billion:

Peabody Energy (BTU) with a market cap of $21.1billon
Precision Castparts (PCP) with a market cap of $14.4 billion
Cognizant Technology Solutions (CTSH) with a market cap of $10.3 billion

More Articles by: Disciplined Approach to Investing
More Articles on: Index
Research Related Stocks: BC, BTU, COG, CTSH, MEE, OMX, PCP,

Subscribe to Email Alerts

or RSS feeds

for articles from more than 300 contributors and press releases, SEC filings and full text news from thousands of sources.

Rate this Commentary

Recipient's Name
Recipient's E-mail
Your Name
Your E-mail

Send this article by email