Akros U.S. High Dividend Index

This U.S.‑only high‑dividend index applies liquidity, size, dividend sustainability, and quality filters (REITs excluded; free‑float MV ≥ USD 1bn; five‑year consecutive dividends; two years of positive net income). From the survivors, it removes the bottom 25% by three‑year average ROE, operating cash‑flow‑to‑debt, and 12‑month momentum, then selects the 20 highest trailing dividend yields. Constituents are weighted in proportion to dividend yield with bounds (15% cap, 0.5% floor). The index is calculated in USD and rebalanced at quarter‑end with ~3 trading‑day implementation. Event‑driven additional rebalancing may occur when persistent weight‑cap breaches are detected.