Back to top

Image: Bigstock

Top Ranked Income Stocks to Buy for October 16th

Read MoreHide Full Article

Here are four stocks with buy rank and strong income characteristics for investors to consider today, October 16th:

Franchise Group, Inc. : This retailer, franchisor operator, and acquirer of franchised and franchisable businesses has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.7% over the last 60 days.

Franchise Group, Inc. Price and Consensus

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.81%, compared with the industry average of 0.00%. Its five-year average dividend yield is 4.38%.

Franchise Group, Inc. Dividend Yield (TTM)

Cardinal Health, Inc. (CAH - Free Report) : This integrated healthcare services and products company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.7% over the last 60 days.

Cardinal Health, Inc. Price and Consensus

This Zacks Rank #2 (Buy) company has a dividend yield of 3.97%, compared with the industry average of 0.00%. Its five-year average dividend yield is 3.09%.

Cardinal Health, Inc. Dividend Yield (TTM)

Aegon N.V. (AEG - Free Report) : This provider of insurance, pensions, and asset management services has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.6% over the last 60 days.

Aegon NV Price and Consensus

This Zacks Rank #2 company has a dividend yield of 5.16%, compared with the industry average of 2.55%. Its five-year average dividend yield is 4.98%.

Aegon NV Dividend Yield (TTM)

Flowserve Corporation (FLS - Free Report) : This designer and manufacturer of industrial flow management equipment, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.

Flowserve Corporation Price and Consensus

This Zacks Rank #2 company has a dividend yield of 2.75%, compared with the industry average of 0.00%. Its five-year average dividend yield is 1.81%.

Flowserve Corporation Dividend Yield (TTM)

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens.

Legal Marijuana: An Investor’s Dream

Imagine getting in early on a young industry primed to skyrocket from $17.7 billion in 2019 to an expected $73.6 billion by 2027.

Although marijuana stocks did better as the pandemic took hold than the market as a whole, they’ve been pushed down. This is exactly the right time to get in on selected strong companies at a fraction of their value before COVID struck. Zacks’ Special Report, Marijuana Moneymakers, reveals 10 exciting tickers for urgent consideration.

Download Marijuana Moneymakers FREE >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Aegon NV (AEG) - free report >>

Cardinal Health, Inc. (CAH) - free report >>

Flowserve Corporation (FLS) - free report >>

Published in