Verizon Communications IncVerizon 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.
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.
Verizon Communications IncVerizon 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.
S&P Global Inc
Alphabet Inc Class CAlphabet will replace Verizon in the Dow Jones Industrial Average, a prestigious index inclusion that typically attracts passive fund inflows and signals market recognition.
Honeywell International IncHoneywell 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.
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.