Mergent Pursues Index Business

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Charlotte, NC-based business information provider Mergent is launching a sub-index to the Mergent Dividend Achievers Index while exploring additional offshoots.

The Dividend Achievers Index, which is based on Mergent’s Dividend Achievers service, includes companies that have increased their annual dividend payments for 10 or more consecutive years (IMD, Dec. 8, 2003).

The sub-index is a high-yield index that will include 50, 75 or 100 companies from the Dividend Achievers Index, says Roby Munt