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Top Ranked Income Stocks to Buy for July 23rd

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Here are four stocks with buy rank and strong income characteristics for investors to consider today, July 23rd:

Paychex, Inc. (PAYX - Free Report) : This provider of payroll and human resource services has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.5% over the last 60 days.

Paychex, Inc. Price and Consensus

This Zacks Rank #2 (Buy) company has a dividend yield of 3.18%, compared with the industry average of 0.86%. Its five-year average dividend yield is 3.25%.

Paychex, Inc. Dividend Yield (TTM)

General Motors Company (GM - Free Report) : This auto manufacturer has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.8% over the last 60 days.

General Motors Company Price and Consensus

This Zacks Rank #2 (Buy) company has a dividend yield of 3.86%, compared with the industry average of 0.00%. Its five-year average dividend yield is 3.54%.

General Motors Company Dividend Yield (TTM)

Penske Automotive Group, Inc. (PAG - Free Report) : This transportation services company has witnessed the Zacks Consensus Estimate for its current year earnings rising 1.8% over the last 60 days.

Penske Automotive Group, Inc. Price and Consensus

This Zacks Rank #2 (Buy) company has a dividend yield of 2.86%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.23%.

Penske Automotive Group, Inc. Dividend Yield (TTM)

Bank of Montreal (BMO - Free Report) : This diversified financial services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days.

Bank Of Montreal Price and Consensus

This Zacks Rank #2 (Buy) company has a dividend yield of 3.67%, compared with the industry average of 3.11%. Its five-year average dividend yield is 4%.

Bank Of Montreal Dividend Yield (TTM)

See the full list of top ranked stocks here.

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

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