Two New Indices: PSE Launches The PSE Dividend Yield Index And The PSE MidCap Index

​Know more about the PSE's new indices.

March 28, 2022--The Philippine Stock Exchange (PSE) successfully launched two new indices: the PSE MidCap Index and PSE Dividend Yield Index.

​So, what's new with these two new indices? Here are the details from the released memorandum of the Philippine Stock Exchange (PSE).

PSE Dividend Yield Index
​
The PSE Dividend Yield (“PSE DivY”) Index focuses on companies that consistently give high-yielding dividends. The 20 companies in this index are selected based on liquidity, free float, financials, and three-year average dividend yield performance. The current list of constituents of the PSE DivY Index is as follows:

Company	Ticker/Stock Code
​Aboitiz Equity Ventures, Inc.	AEV
Aboitiz Power Corporation	AP
AREIT, Inc.	​AREIT
​Bank of the Philippine Islands	BPI
​DMCI Holdings, Inc.	DMC
D&L Industries, Inc.	DNL
​Globe Telecom, Inc.	GLO
​GMA Network, Inc.	GMA7
International Container Terminal Services, Inc.	ICT
LT Group, Inc.	LTG
​Metropolitan Bank & Trust Company	MBT
​Manila Electric Company	MER
​Metro Pacific Investments Corporation	MPI
Nickel Asia Corporation	NIKL
​Robinsons Land Corporation	RLC
Robinsons Retail Holdings, Inc.	RRHI
Semirara Mining and Power Corporation	SCC
​Security Bank Corporation	SECB
​PLDT Inc.	TEL
​Universal Robina Corporation	URC

PSE MidCap Index
​
​The PSE MidCap Index is designed to capture the performance of mid-sized companies in the Philippine market. The constituents are selected based on market capitalization, liquidity, financials, and free float. The current list of constituents of the PSE MidCap Index is as follows:

Company	Stock/Ticker Code
AREIT, Inc.	AREIT
​Bloomberry Resorts Corporation	BLOOM
​Cebu Air, Inc.	CEB
Century Pacific Food, Inc.	CNPF
Cosco Capital, Inc.	COSCO
​DoubleDragon Corporation	DD
DMCI Holdings, Inc.	DMC
D&L Industries, Inc	DNL
Filinvest Land, Inc.	​FLI
​GMA Network, Inc.	GMA7
AllHome Corp.	HOME
​Manila Water Company, Inc.	MWC
​Nickel Asia Corporation	​NIKL
​Petron Corporation	​PCOR
​Philippine National Bank	PNB
Philex Mining Corporation	PX
​Robinsons Retail Holdings, Inc.	RRHI
​Semirara Mining and Power Corporation	SCC
Pilipinas Shell Petroleum Corporation	SHLPH
Vista Land & Lifescapes, Inc.	​VLL

These new additions to the PSE index series will hopefully drive more liquidity to the market and enable the creation of new fund products that will provide broader investment options for the investing public.

For more information, visit the PSE's website: https://www.pse.com.ph/