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Top Ranked Income Stocks to Buy for January 31st

Zacks Equity Research

Here are four stocks with buy rank and strong income characteristics for investors to consider today, January 31st:

Apollo Investment Corporation (AINV): This business development company specializing in middle market companies has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

Apollo Investment Corporation Price and Consensus

Apollo Investment Corporation Price and Consensus

Apollo Investment Corporation price-consensus-chart | Apollo Investment Corporation Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 10.3%, compared with the industry average of 8.4%. Its five-year average dividend yield is 11.5%.

Apollo Investment Corporation Dividend Yield (TTM)

Apollo Investment Corporation Dividend Yield (TTM)

Apollo Investment Corporation dividend-yield-ttm | Apollo Investment Corporation Quote

NGL Energy Partners LP (NGL): This company engages in the crude oil logistics, water solutions, liquids, and refined products and renewables businesses has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.

NGL Energy Partners LP Price and Consensus

NGL Energy Partners LP Price and Consensus

NGL Energy Partners LP price-consensus-chart | NGL Energy Partners LP Quote

This Zacks Rank #1 company has a dividend yield of 14.5%, compared with the industry average of 10.7%. Its five-year average dividend yield is 12.4%.

NGL Energy Partners LP Dividend Yield (TTM)

NGL Energy Partners LP Dividend Yield (TTM)

NGL Energy Partners LP dividend-yield-ttm | NGL Energy Partners LP Quote

Macy's, Inc. (M): This company is an omnichannel retail organization, operates stores, Websites, and mobile applications has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

Macy's, Inc. Price and Consensus

Macy's, Inc. Price and Consensus

Macy's, Inc. price-consensus-chart | Macy's, Inc. Quote

This Zacks Rank #2 (Buy) company has a dividend yield of nearly 9%, compared with the industry average of 1.2%. Its five-year average dividend yield is 10.1%.

Macy's, Inc. Dividend Yield (TTM)

Macy's, Inc. Dividend Yield (TTM)

Macy's, Inc. dividend-yield-ttm | Macy's, Inc. Quote

AllianceBernstein Holding L.P. (AB): This investment manager that provides research services to investment companies, pension and profit sharing plans, banks and thrift institutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.

AllianceBernstein Holding L.P. Price and Consensus

AllianceBernstein Holding L.P. Price and Consensus

AllianceBernstein Holding L.P. price-consensus-chart | AllianceBernstein Holding L.P. Quote

This Zacks Rank #2 company has a dividend yield of 7.5%, compared with the industry average of 2.2%. Its five-year average dividend yield is 8.3%.

AllianceBernstein Holding L.P. Dividend Yield (TTM)

AllianceBernstein Holding L.P. Dividend Yield (TTM)

AllianceBernstein Holding L.P. dividend-yield-ttm | AllianceBernstein Holding L.P. Quote

See the full list of top ranked stocks here.

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

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NGL Energy Partners LP (NGL) : Free Stock Analysis Report
 
Macy's, Inc. (M) : Free Stock Analysis Report
 
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AllianceBernstein Holding L.P. (AB) : Free Stock Analysis Report
 
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