Top Ranked Income Stocks to Buy for June 16th

Zacks Equity Research Published on June 16, 2021

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

Cogent Communications Holdings, Inc. (CCOI - Free Report) : This high-speed Internet access, private network, and data center colocation space services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.5% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 4.00%, compared with the industry average of 0.00%. Its five-year average dividend yield is 4.11%.

Financial Institutions, Inc. (FISI - Free Report) : This banking and financial services provider to individuals, municipalities, and businesses has witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.6% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 3.41%, compared with the industry average of 1.94%. Its five-year average dividend yield is 3.55%.

TowneBank (TOWN - Free Report) : This retail and commercial banking services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.7% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 2.29%, compared with the industry average of 1.90%. Its five-year average dividend yield is 2.44%.

Cummins Inc. (CMI - Free Report) : This diesel and natural gas engines, electric and hybrid powertrains, and related components manufacturer has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.6% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 2.16%, compared with the industry average of 0.72%. Its five-year average dividend yield is 2.88%.

See the full list of top ranked stocks here.

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