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Top Ranked Income Stocks to Buy for July 8th

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Here are four stocks with buy rank and strong income characteristics for investors to consider today, July 8th:

CIT Group Inc. : This banking and related services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.

 

CIT Group Inc. Price and Consensus

CIT Group Inc. Price and Consensus

CIT Group Inc. price-consensus-chart | CIT Group Inc. Quote

 

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 2.89%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.77%.

 

CIT Group Inc. Dividend Yield (TTM)

CIT Group Inc. Dividend Yield (TTM)

CIT Group Inc. dividend-yield-ttm | CIT Group Inc. Quote

 

Best Buy Co., Inc. (BBY - Free Report) : This company that retails technology products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 17% over the last 60 days.

 

This Zacks Rank #1 company has a dividend yield of 2.55%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.54%.

 

Best Buy Co., Inc. Dividend Yield (TTM)

Best Buy Co., Inc. Dividend Yield (TTM)

Best Buy Co., Inc. dividend-yield-ttm | Best Buy Co., Inc. Quote

 

Silicon Motion Technology Corporation (SIMO - Free Report) : This company that designs, develops, and markets NAND flash controllers for solid-state storage devices has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.

 

This Zacks Rank #1 company has a dividend yield of 2.27%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.45%.

 

Banco de Chile (BCH - Free Report) : This banking and financial products and services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.

 

Banco De Chile Price and Consensus

Banco De Chile Price and Consensus

Banco De Chile price-consensus-chart | Banco De Chile Quote

 

This Zacks Rank #1 company has a dividend yield of 2.01%, compared with the industry average of 1.53%. Its five-year average dividend yield is 2.93%.

 

Banco De Chile Dividend Yield (TTM)

Banco De Chile Dividend Yield (TTM)

Banco De Chile dividend-yield-ttm | Banco De Chile Quote

 

See the full list of top ranked stocks here.

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

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


In-Depth Zacks Research for the Tickers Above


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


Best Buy Co., Inc. (BBY) - free report >>

Banco De Chile (BCH) - free report >>

Silicon Motion Technology Corporation (SIMO) - free report >>