NASDAQ OMX will launch an additional four Canadian currency Dividend Achiever indexes on Wednesday, June 19th. These indexes will be calculated in Canadian dollars and will access Canadian currency denominated dividend-pairing stocks. The new Canadian Dividend Achievers are:
- NASDAQ U.S. Dividend Achievers Select Currency Hedged CAD Index (DVGCADH)
- NASDAQ U.S. Dividend Achievers Select Currency Hedged CAD Total Return Index (DVGTCADH)
- NASDAQ U.S. Dividend Achievers Select CAD Index (DVGCAD)
- NASDAQ U.S. Dividend Achievers Select CAD Total Return Index (DVGCADTR)
The new indexes were created off of the Dividend Achievers Select (DVG) index and are a part of the Dividend Achievers, a group of indexes tracking companies with at least 10 years of consecutive dividend growth. The Dividend Achievers are a part of the NASDAQ Dividend and Income Family.