While Wall Street has cheered the strength of the venerable S&P 500 over the past two years, the reality is that due to their massive market capitalizations, the Magnificent 7 technology giants, led by Apple Inc. (NASDAQ: AAPL) and Nvidia Corp. (NASDAQ: NVDA), have disproportionately influenced the market-cap-weighted Nasdaq composite and S&P 500 indexes.
The good news for growth and income investors looking for total return and passive income is that many of the top dividend names in the index still offer some of their highest yields in over a year and some solid upside potential. We screened the list and found four that all pay a 6% and higher dividend with Buy ratings at top Wall Street firms offering excellent entry points.
This post originally appeared at 24/7 Wall St.