Alphabet to Replace Verizon in the Dow Jones Industrial Average

Corporate Action
โดย PR Newswire·Read original
Summary · why it matters

Alphabet will replace Verizon Communications in the Dow Jones Industrial Average before trading opens on June 29, 2026. The change comes as Honeywell International spins off Honeywell Aerospace on the same date, with the parent company remaining in the index under the new name Honeywell Technologies. Verizon’s low share price gave it only a half-percentage-point weight in the price-weighted index, while Alphabet’s larger market capitalization and diversified technology businesses are expected to broaden the Dow’s exposure to areas like cloud, AI, and digital services. The index divisor will be adjusted to prevent any distortion from the component change.

Impact on stocks 5

Cloud & Digital Infrastructure · 2 stocks
Verizon Communications Inc
VZ
▼ NegativeCapitalrelevance

Verizon is being removed from the Dow Jones Industrial Average due to its low share price, which reduces its visibility and may lead to selling by index-tracking funds.

Artificial Intelligence · 1 stocks
Alphabet Inc Class C
GOOG
▲ PositiveCapitalrelevance

Alphabet will replace Verizon in the Dow Jones Industrial Average, a prestigious index inclusion that typically attracts passive fund inflows and signals market recognition.

Smart City / Autonomous Infrastructure · 1 stocks
Honeywell International Inc
HON
± MixedCapitalrelevance

Honeywell International spins off Honeywell Aerospace but remains in the Dow under a new name; the impact is neutral as the parent continues in the index.

Defense & Geopolitical Fragmentation · 1 stocks
Honeywell Aerospace Inc
HONA
± MixedCapitalrelevance

Honeywell Aerospace is spun off from Honeywell International and will not be in the Dow; the impact is neutral as it is a new standalone entity.