TOPIX Core30 Dividend Index Futures
About TOPIX Core30 Futures
TOPIX Core30 Dividend Index Futures are Index Futures of TOPIX Core30 Dividend Index.
TOPIX Core30 Dividend Index
TOPIX Core30 Dividend Index is a dividend index based on accumulated dividends of each component stock during the period from the first business day of the target year to the date calculation. The value of the index shall be the value (V) totaled during the period from the first business day of the target year to the date of calculation, where V is the ratio of (a) the product of the dividends for each component stock multiplied by the number of shares for index calculation versus (b) the base market capitalization of the target index, totaled for the component stocks of the index on a given day. The period of index calculation shall be from the first business day of January each year until the last business day of March of the following year. Therefore, Dividend Indices based on new calculation periods are calculated and published every year.