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Top Ranked Income Stocks to Buy for June 16th

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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.

 

TowneBank Price and Consensus

Towne Bank Price and Consensus

TowneBank price-consensus-chart | TowneBank Quote

 

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%.

 

TowneBank Dividend Yield (TTM)

Towne Bank Dividend Yield (TTM)

TowneBank dividend-yield-ttm | TowneBank Quote

 

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.

 

Cummins Inc. Price and Consensus

Cummins Inc. Price and Consensus

Cummins Inc. price-consensus-chart | Cummins Inc. Quote

 

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%.

 

Cummins Inc. Dividend Yield (TTM)

Cummins Inc. Dividend Yield (TTM)

Cummins Inc. dividend-yield-ttm | Cummins Inc. Quote

 

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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