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Here are four stocks with buy rank and strong income characteristics for investors to consider today, July 1st:
ALLETE, Inc. (ALE - Free Report) : This energy company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.
This Zacks Rank #2 (Buy) company has a dividend yield of 2.82%, compared with the industry average of 2.77%. Its five-year average dividend yield is 3.41%.
Ameriprise Financial, Inc. (AMP - Free Report) : This provider of financial products and services has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.
This Zacks Rank #2 (Buy) company has a dividend yield of 2.87%, compared with the industry average of 2.82%. Its five-year average dividend yield is 2.43%.
Arbor Realty Trust, Inc. (ABR - Free Report) : This real estate investment trust (REIT) has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.
This Zacks Rank #1 (Strong Buy) company has a dividend yield of 9.24%, compared with the industry average of 4.19%. Its five-year average dividend yield is 8.54%.
Best Buy Co., Inc. (BBY - Free Report) : This retailer of technology products, services, and solutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days.
This Zacks Rank #2 (Buy) company has a dividend yield of 2.87%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.59%.
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Top Ranked Income Stocks to Buy for July 1st
Here are four stocks with buy rank and strong income characteristics for investors to consider today, July 1st:
ALLETE, Inc. (ALE - Free Report) : This energy company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.
Allete, Inc. Price and Consensus
Allete, Inc. price-consensus-chart | Allete, Inc. Quote
This Zacks Rank #2 (Buy) company has a dividend yield of 2.82%, compared with the industry average of 2.77%. Its five-year average dividend yield is 3.41%.
Allete, Inc. Dividend Yield (TTM)
Allete, Inc. dividend-yield-ttm | Allete, Inc. Quote
Ameriprise Financial, Inc. (AMP - Free Report) : This provider of financial products and services has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.
Ameriprise Financial, Inc. Price and Consensus
Ameriprise Financial, Inc. price-consensus-chart | Ameriprise Financial, Inc. Quote
This Zacks Rank #2 (Buy) company has a dividend yield of 2.87%, compared with the industry average of 2.82%. Its five-year average dividend yield is 2.43%.
Ameriprise Financial, Inc. Dividend Yield (TTM)
Ameriprise Financial, Inc. dividend-yield-ttm | Ameriprise Financial, Inc. Quote
Arbor Realty Trust, Inc. (ABR - Free Report) : This real estate investment trust (REIT) has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.
Arbor Realty Trust Price and Consensus
Arbor Realty Trust price-consensus-chart | Arbor Realty Trust Quote
This Zacks Rank #1 (Strong Buy) company has a dividend yield of 9.24%, compared with the industry average of 4.19%. Its five-year average dividend yield is 8.54%.
Arbor Realty Trust Dividend Yield (TTM)
Arbor Realty Trust dividend-yield-ttm | Arbor Realty Trust Quote
Best Buy Co., Inc. (BBY - Free Report) : This retailer of technology products, services, and solutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days.
Best Buy Co., Inc. Price and Consensus
Best Buy Co., Inc. price-consensus-chart | Best Buy Co., Inc. Quote
This Zacks Rank #2 (Buy) company has a dividend yield of 2.87%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.59%.
Best Buy Co., Inc. Dividend Yield (TTM)
Best Buy Co., Inc. dividend-yield-ttm | Best Buy Co., Inc. Quote
See the full list of top ranked stocks here.
Find more top income stocks with some of our great premium screens.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>