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Best Income Stocks to Buy for July 8th

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

CION Investment Corporation (CION - Free Report) : This externally managed, non-diversified closed-end investment company, with an objective is to generate current income and modest capital appreciation by primarily investing in senior secured debt, first lien, second lien and unitranche loans of U.S. middle-market companies, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 18.8%, compared with the industry average of 11.7%.

ZTO Express Cayman (ZTO - Free Report) : This company, which is a leading player in the field of express delivery in China, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 3.3%, compared with the industry average of 0.0%.

Karooooo (KARO - Free Report) : This company, which is a provider in the telematics industry which offers real-time mobility data analytics solutions for smart transportation, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 2.2%, compared with the industry average of 0.0%.

Karooooo Ltd. Dividend Yield (TTM)

Karooooo Ltd. Dividend Yield (TTM)

Karooooo Ltd. dividend-yield-ttm | Karooooo Ltd. Quote

 

See the full list of top ranked stocks here.

 

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