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Top Ranked Income Stocks to Buy for April 16th

Zacks Equity Research

Here are four stocks with buy rank and strong income characteristics for investors to consider today, April 16th:

Lloyds Banking Group plc (LYG): This banking and financial services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.6% over the last 60 days.

Lloyds Banking Group PLC Price and Consensus

Lloyds Banking Group PLC Price and Consensus

Lloyds Banking Group PLC price-consensus-chart | Lloyds Banking Group PLC Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 6.6%, compared with the industry average of 3.2%. Its five-year average dividend yield is 2.9%.

Lloyds Banking Group PLC Dividend Yield (TTM)

Lloyds Banking Group PLC Dividend Yield (TTM)

Lloyds Banking Group PLC dividend-yield-ttm | Lloyds Banking Group PLC Quote

CM Finance Inc. (CMFN): This business development company haswitnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days.

CM Finance Inc Price and Consensus

CM Finance Inc Price and Consensus

CM Finance Inc price-consensus-chart | CM Finance Inc Quote

This Zacks Rank #2 (Buy) company has a dividend yield of 13.6%, compared with the industry average of 8.8%. Its five-year average dividend yield is 11.7%.

CM Finance Inc Dividend Yield (TTM)

CM Finance Inc Dividend Yield (TTM)

CM Finance Inc dividend-yield-ttm | CM Finance Inc Quote

Fulton Financial Corporation (FULT): This multi-bank financial holding company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.7% over the last 60 days.

Fulton Financial Corporation Price and Consensus

Fulton Financial Corporation Price and Consensus

Fulton Financial Corporation price-consensus-chart | Fulton Financial Corporation Quote

This Zacks Rank #2 company has a dividend yield of 3.2%, compared with the industry average of 1.7%. Its five-year average dividend yield is 2.7%.

Fulton Financial Corporation Dividend Yield (TTM)

Fulton Financial Corporation Dividend Yield (TTM)

Fulton Financial Corporation dividend-yield-ttm | Fulton Financial Corporation Quote

Mercantile Bank Corporation (MBWM): This bank holding company for Mercantile Bank of Michigan has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days.

Mercantile Bank Corporation Price and Consensus

Mercantile Bank Corporation Price and Consensus

Mercantile Bank Corporation price-consensus-chart | Mercantile Bank Corporation Quote

This Zacks Rank #2 company has a dividend yield of 3.1%, compared with the industry average of 2.3%. Its five-year average dividend yield is 2.5%.

Mercantile Bank Corporation Dividend Yield (TTM)

Mercantile Bank Corporation Dividend Yield (TTM)

Mercantile Bank Corporation dividend-yield-ttm | Mercantile Bank Corporation Quote

See the full list of top ranked stocks here

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Mercantile Bank Corporation (MBWM) : Free Stock Analysis Report
 
Lloyds Banking Group PLC (LYG) : Free Stock Analysis Report
 
Fulton Financial Corporation (FULT) : Free Stock Analysis Report
 
CM Finance Inc (CMFN) : Free Stock Analysis Report
 
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