Best Income Stocks to Buy for August 9th

Zacks Equity Research Published on August 09, 2023

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 9th:

Great Elm Capital Group (GECC - Free Report) : This diversified investment company whose business line consists of investment management, financial products, and merchant banking,has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 7.8% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 14.7%, compared with the industry average of 2.6%.

OFS Capital (OFS - Free Report) : This closed-end, non-diversified management investment company which is engaged in providing capital to North American middle market companies, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 12.9%, compared with the industry average of 9.9%.

Goldman Sachs BDC (GSBD - Free Report) : This specialty finance company which invests primarily in telecommunication services, electronic equipment, instruments and components and real estate management and development industries,has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 4.8% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 12.4%, compared with the industry average of 9.9%.

See the full list of top ranked stocks here.

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