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    Asia Index launches BSE Dividend Leaders 50 index

    Synopsis

    Asia Index, subsidiary of stock exchange BSE, on Friday announced the launch of a new index - BSE Dividend Leaders 50. The index measures the performance of companies in the BSE 500 index that have consistently paid dividends over the past 10 years.

    Asia Index launches BSE Dividend Leaders 50 indexETMarkets.com
    Asia Index, subsidiary of stock exchange BSE, on Friday announced the launch of a new index - BSE Dividend Leaders 50. The index measures the performance of companies in the BSE 500 index that have consistently paid dividends over the past 10 years. It is reconstituted annually in December, Asia Index said in a statement.

    "This index shines a spotlight on quality businesses that have demonstrated consistent dividend payouts -- a hallmark of financial resilience, capital discipline, and shareholder commitment," Ashutosh Singh, MD and CEO of Asia Index, said.

    This new index can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of various sectors in India, Asia Index said.

    Also, it can be used for benchmarking of PMS strategies, mutual fund schemes and fund portfolios, it added.


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    (You can now subscribe to our ETMarkets WhatsApp channel)

    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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