Back to top

Image: Bigstock

Top Ranked Income Stocks to Buy for August 5th

Read MoreHide Full Article

Here are four stocks with buy rank and strong income characteristics for investors to consider today, August 5th:

Legg Mason, Inc. (LM - Free Report) : This global asset management firm has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 4.2%, compared with the industry average of 2.8%. Its five-year average dividend yield is 2.7%.

Legg Mason, Inc. Dividend Yield (TTM)

Legg Mason, Inc. Dividend Yield (TTM)

Legg Mason, Inc. dividend-yield-ttm | Legg Mason, Inc. Quote

Manning & Napier, Inc. (MN - Free Report) : This investment manager has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days.

This Zacks Rank #2 company has a dividend yield of 4.7%, compared with the industry average of 2.8%. Its five-year average dividend yield is 7.8%.

Condor Hospitality Trust, Inc. (CDOR - Free Report) : This hotel-focused REIT has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days.

This Zacks Rank #2 company has a dividend yield of 4.1%, compared with the industry average of 4.3%. Its five-year average dividend yield is 4.4%.

Franklin Street Properties Corp. (FSP - Free Report) : This investment firm has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.

This Zacks Rank #2 company has a dividend yield of 4.5%, compared with the industry average of 4.3%. Its five-year average dividend yield is 6.3%.

See the full list of top ranked stocks here.

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

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.

This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>