Key Facts on S&P 500 Sector Contributions
The technology sector constitutes over 34% of the S&P 500, prominently featuring companies like Nvidia, Microsoft, and Apple. Texas Instruments (NASDAQ: TXN), with a 2.7% dividend yield and 21 consecutive years of dividend increases, is highlighted as a strong investment option within this sector.
The financials sector ranks second at 13.8%, with American Express (NYSE: AXP) noted for its robust business model combining payment processing and card issuance. The consumer discretionary sector is at 10.4%, with a focus on Starbucks (NASDAQ: SBUX), which has improved its operations under new leadership.
Other sectors discussed include healthcare, which makes up 8.8% and features Eli Lilly (NYSE: LLY) due to its promising drug pipeline, and energy, represented by ExxonMobil (NYSE: XOM) with a 3.7% yield and 42 years of dividend growth. These insights reflect the diverse opportunities within the S&P 500 for passive income generation.
