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How are the stocks in the Index weighted?

index stocks weighted
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How are the stocks in the Index weighted?

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We weight stocks in proportion to the total pool of available dividends which factors in both the size of a company and the amount of the dividends paid by the company. We call this weighting system available dividends. The available dividends for a company are determined by multiplying the dividend per share by the number of shares actually available for purchase (the float).

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