Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 1st:

Bank of Montreal (BMO Quick QuoteBMO - Free Report) : This financial services company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.

Bank Of Montreal Price and Consensus

Bank Of Montreal price-consensus-chart | Bank Of Montreal Quote

This Zacks Rank #1 company has a dividend yield of 4.8%, compared with the industry average of 4.4%.

Bank Of Montreal Dividend Yield (TTM)

Bank Of Montreal dividend-yield-ttm | Bank Of Montreal Quote

ABB Ltd (ABBNY Quick QuoteABBNY - Free Report) : This company that engages in manufacture and sale of electrification, automation, robotics, and motion products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.4% over the last 60 days.

ABB Ltd Price and Consensus

ABB Ltd price-consensus-chart | ABB Ltd Quote

This Zacks Rank #1 company has a dividend yield of 1.4%, compared with the industry average of 0.9%.

ABB Ltd Dividend Yield (TTM)

ABB Ltd dividend-yield-ttm | ABB Ltd Quote

Panasonic Holdings Corporation : This electrical and electronic products company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

Panasonic Corp. Price and Consensus

Panasonic Corp. price-consensus-chart | Panasonic Corp. Quote

This Zacks Rank #1 company has a dividend yield of 1.3%, compared with the industry average of 0.0%.

Panasonic Corp. Dividend Yield (TTM)

Panasonic Corp. dividend-yield-ttm | Panasonic Corp. Quote

See the full list of top ranked stocks here.

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