U.S. Markets close in 5 hrs 5 mins

Top Ranked Income Stocks to Buy for October 17th

Zacks Equity Research

Here are four stocks with buy rank and strong income characteristics for investors to consider today, October 17th:

The Buckle, Inc. (BKE): This retailer of apparel, accessories and footwear has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.

Buckle, Inc. (The) Price and Consensus

Buckle, Inc. (The) Price and Consensus

Buckle, Inc. (The) price-consensus-chart | Buckle, Inc. (The) Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 4.85%, compared with the industry average of 0.00%. Its five-year average dividend yield is 4.11%.

Buckle, Inc. (The) Dividend Yield (TTM)

Buckle, Inc. (The) Dividend Yield (TTM)

Buckle, Inc. (The) dividend-yield-ttm | Buckle, Inc. (The) Quote

American Electric Power (AEP): This company which engages in generation, transmission and distribution of electricity has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.

American Electric Power Company, Inc. Price and Consensus

American Electric Power Company, Inc. Price and Consensus

American Electric Power Company, Inc. price-consensus-chart | American Electric Power Company, Inc. Quote

This Zacks Rank #2 (Buy) company has a dividend yield of 2.89%, compared with the industry average of 2.88%. Its five-year average dividend yield is 3.49%.

American Electric Power Company, Inc. Dividend Yield (TTM)

American Electric Power Company, Inc. Dividend Yield (TTM)

American Electric Power Company, Inc. dividend-yield-ttm | American Electric Power Company, Inc. Quote

Arbor Realty Trust, Inc. (ABR): This real estate investment trust and national direct lender has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.

Arbor Realty Trust Price and Consensus

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 8.74%, compared with the industry average of 4.12%. Its five-year average dividend yield is 8.68%.

Arbor Realty Trust Dividend Yield (TTM)

Arbor Realty Trust Dividend Yield (TTM)

Arbor Realty Trust dividend-yield-ttm | Arbor Realty Trust Quote

AbbVie Inc. (ABBV): This manufacturer and seller of pharmaceutical products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.7% over the last 60 days.

AbbVie Inc. Price and Consensus

AbbVie Inc. Price and Consensus

AbbVie Inc. price-consensus-chart | AbbVie Inc. Quote

This Zacks Rank #2 (Buy) company has a dividend yield of 5.73%, compared with the industry average of 2.75%. Its five-year average dividend yield is 3.85%.

AbbVie Inc. Dividend Yield (TTM)

AbbVie Inc. Dividend Yield (TTM)

AbbVie Inc. dividend-yield-ttm | AbbVie Inc. Quote

See the full list of top ranked stocks here.

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

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.50% per year. So be sure to give these hand-picked 7 your immediate attention.

See them now >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Buckle, Inc. (The) (BKE) : Free Stock Analysis Report
 
American Electric Power Company, Inc. (AEP) : Free Stock Analysis Report
 
Arbor Realty Trust (ABR) : Free Stock Analysis Report
 
AbbVie Inc. (ABBV) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research