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Top Ranked Income Stocks to Buy for August 1st

Zacks Equity Research

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 1st:

Ameriprise Financial, Inc. (AMP): This provider of financial products and services has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1% over the last 60 days.

Ameriprise Financial, Inc. Price and Consensus

Ameriprise Financial, Inc. Price and Consensus

Ameriprise Financial, Inc. price-consensus-chart | Ameriprise Financial, Inc. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 2.75%, compared with the industry average of 2.67%. Its five-year average dividend yield is 2.46%.

Ameriprise Financial, Inc. Dividend Yield (TTM)

Ameriprise Financial, Inc. Dividend Yield (TTM)

Ameriprise Financial, Inc. dividend-yield-ttm | Ameriprise Financial, Inc. Quote

Best Buy Co., Inc. (BBY): This specialty retailer of technology products, services, and solutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days.

Best Buy Co., Inc. Price and Consensus

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 2.61%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.61%.

Best Buy Co., Inc. Dividend Yield (TTM)

Best Buy Co., Inc. Dividend Yield (TTM)

Best Buy Co., Inc. dividend-yield-ttm | Best Buy Co., Inc. Quote

Plains Group Holdings (PAGP): This midstream energy infrastructure operator has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.7    % over the last 60 days.

Plains Group Holdings, L.P. Price and Consensus

Plains Group Holdings, L.P. Price and Consensus

Plains Group Holdings, L.P. price-consensus-chart | Plains Group Holdings, L.P. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 5.96%, compared with the industry average of 5.52%. Its five-year average dividend yield is 6.05%.

Plains Group Holdings, L.P. Dividend Yield (TTM)

Plains Group Holdings, L.P. Dividend Yield (TTM)

Plains Group Holdings, L.P. dividend-yield-ttm | Plains Group Holdings, L.P. Quote

See the full list of top ranked stocks here.

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