Top Ranked Income Stocks to Buy for December 23rd

Zacks Equity Research

Wed, Dec 23, 2020, 11:17 AM3 min read

In this article:

Here are three stocks with buy rank and strong income characteristics for investors to consider today, December 23rd:

Delek Logistics Partners, LP (DKL): This owner and operator of logistics and marketing assets for crude oil, and intermediate and refined products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.3% over the last 60 days.

Delek Logistics Partners, L.P. Price and Consensus

Delek Logistics Partners, L.P. price-consensus-chart | Delek Logistics Partners, L.P. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 11.9%, compared with the industry average of 9.3%. Its five-year average dividend yield is 10.4%.

Delek Logistics Partners, L.P. Dividend Yield (TTM)

Delek Logistics Partners, L.P. dividend-yield-ttm | Delek Logistics Partners, L.P. Quote

Annaly Capital Management, Inc. (NLY): This diversified capital manager that invests in and finances residential and commercial assets has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9% over the last 60 days.

Annaly Capital Management Inc Price and Consensus

Annaly Capital Management Inc price-consensus-chart | Annaly Capital Management Inc Quote

This Zacks Rank #2 (Buy) company has a dividend yield of 14.4%, compared with the industry average of 6.6%. Its five-year average dividend yield is 12.4%.

Annaly Capital Management Inc Dividend Yield (TTM)

Annaly Capital Management Inc dividend-yield-ttm | Annaly Capital Management Inc Quote

B&G Foods, Inc. (BGS): This manufacturer, seller, and distributor of a portfolio of shelf-stable and frozen foods, and household products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.

B&G Foods, Inc. Price and Consensus

B&G Foods, Inc. price-consensus-chart | B&G Foods, Inc. Quote

This Zacks Rank #2 company has a dividend yield of 6.1%, compared with the industry average of 0.0%. Its five-year average dividend yield is 6.6%.

B&G Foods, Inc. Dividend Yield (TTM)

B&G Foods, Inc. dividend-yield-ttm | B&G Foods, Inc. Quote

See the full list of top ranked stocks here.

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

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.

Click here for the 6 trades >>

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

Annaly Capital Management Inc (NLY) : Free Stock Analysis Report

Delek Logistics Partners, L.P. (DKL) : Free Stock Analysis Report

B&G Foods, Inc. (BGS) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Biden Promised IRS Funding Wouldn't Increase Audits For Regular Americans As IRS Audits Poorest Americans 5X More Often Than Others
Once it was announced that the IRS would receive $80 billion in additional funding as part of the Inflation Reduction Act, the Biden Administration sought to assure regular Americans that these funds would not make them more likely to get audited by the agency. Treasury Secretary Jannet Yellen said that individuals and small businesses making under $400,000 a year would not see audit rates increase. A recent White House press release highlighted how much of the funds are "dedicated to closing th
Benzinga•1d ago
The Most Active Stock Trader in Congress Is Buying Shares of This Magnificent Stock-Split Stock
Wall Street's most-prominent stock-split stock of 2024 has been purchased on three separate occasions by a lawmaker who completed over 4,200 trades last year.
Motley Fool•8h ago
DJT Stock Jumps. The Truth Social Owner Is Showing Stockholders How to Block Short Sellers.
An FAQ on the Truth Social owner’s website gave stockholders multiple ways to avoid their shares being lent to short sellers.
Barrons.com•2h ago
My RMDs Start Soon So I Want to Convert $900k to a Roth, but I'm Getting Conflicting Info About Having to Wait 5 Years to Use the Money
People with Roth IRAs generally have to wait five years before withdrawing earnings from their account. But the devil is in the details, and for this particular rule, getting those details can be surprisingly difficult. For starters, the IRS has three different five-year rules that apply to Roth IRAs. One of them, the conversion rule, […] The post My RMDs Start Soon So I Want to Convert $900k to a Roth, but I'm Getting Conflicting Info About Having to Wait 5 Years to Use the Money appeared first
SmartAsset•5h ago
4 Members of Congress Generated Triple-Digit Returns in the Stock Market Last Year: These Are the 3 Stocks They Bought
These members of Congress delivered greater returns than Warren Buffett in 2023.
Motley Fool•7h ago
Google Fires 28 Workers Protesting $1.2 Billion Israeli Contract
(Bloomberg) -- Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government and military with AI and cloud services.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingRed Lobster Considers Bankruptcy to De
Bloomberg•4h ago
The Fed’s probably going to hold rates steady for longer than expected. But even when that awaited rate cut comes, it may not be all that cathartic
Federal Reserve Chair Jerome Powell earlier this week said that inflation’s proving sticky and that “recent data have clearly not given us greater confidence.”
Fortune•5h ago
Lithium Americas Plunges After Shares Sold at Steep Discount
(Bloomberg) -- Lithium Americas Corp.’s stock plunged the most on record after agreeing to sell 55 million shares at a deep discount.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsShares of the lithium explorer fell as much as 27% to $4.82 as of 9:31 a.m. in New Y
Bloomberg•3h ago
4 Oil Pipeline Stocks to Gain From the Prospering Industry
Since midstream operations have lower exposure to volatility in commodity prices, the outlook for the Zacks Oil and Gas - Production & Pipelines industry is bullish. Kinder Morgan (KMI), Williams Companies (WMB), MPLX and Ultrapar (UGP) are the frontrunners in the industry.
Zacks•5h ago
$93 Billion Real Estate Giant Is Betting The Market Is About To Hit Rock Bottom
Successful real estate investors have long followed the adage: When there is blood in the street, buy property. Historically, this approach has yielded dividends, and it explains the mindset behind a new venture from Hines, a real estate giant with over $93 billion in assets under management. Hines recently announced a new platform called Hines Private Wealth Solutions that seeks to capitalize on the recent troubles in the real estate industry. The management at Hines has been carefully watching
Benzinga•1h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Top Ranked Income Stocks to Buy for December 23rd

Delek Logistics Partners, L.P. Price and Consensus

Delek Logistics Partners, L.P. Dividend Yield (TTM)

Annaly Capital Management Inc Price and Consensus

Annaly Capital Management Inc Dividend Yield (TTM)

B&G Foods, Inc. Price and Consensus

B&G Foods, Inc. Dividend Yield (TTM)

More Stock News: This Is Bigger than the iPhone!

Recommended Stories

Biden Promised IRS Funding Wouldn't Increase Audits For Regular Americans As IRS Audits Poorest Americans 5X More Often Than Others

The Most Active Stock Trader in Congress Is Buying Shares of This Magnificent Stock-Split Stock

DJT Stock Jumps. The Truth Social Owner Is Showing Stockholders How to Block Short Sellers.

My RMDs Start Soon So I Want to Convert $900k to a Roth, but I'm Getting Conflicting Info About Having to Wait 5 Years to Use the Money

4 Members of Congress Generated Triple-Digit Returns in the Stock Market Last Year: These Are the 3 Stocks They Bought

Google Fires 28 Workers Protesting $1.2 Billion Israeli Contract

The Fed’s probably going to hold rates steady for longer than expected. But even when that awaited rate cut comes, it may not be all that cathartic

Lithium Americas Plunges After Shares Sold at Steep Discount

4 Oil Pipeline Stocks to Gain From the Prospering Industry

$93 Billion Real Estate Giant Is Betting The Market Is About To Hit Rock Bottom