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Top Ranked Income Stocks to Buy for June 2nd

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Here are four stocks with buy rank and strong income characteristics for investors to consider today, June 2nd:

Costamare Inc. (CMRE - Free Report) : This company that owns and charters containerships to liner companies has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.2% over the last 60 days.

 

Costamare Inc. Price and Consensus

Costamare Inc. Price and Consensus

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

 

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.63%, compared with the industry average of 0.00%. Its five-year average dividend yield is 7.15%.

 

Costamare Inc. Dividend Yield (TTM)

Costamare Inc. Dividend Yield (TTM)

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

 

TowneBank (TOWN - Free Report) : This retail and commercial banking services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.5% over the last 60 days.

 

Towne Bank Price and Consensus

Towne Bank Price and Consensus

Towne Bank price-consensus-chart | Towne Bank Quote

 

This Zacks Rank #1 company has a dividend yield of 2.23%, compared with the industry average of 1.93%. Its five-year average dividend yield is 2.44%.

 

Towne Bank Dividend Yield (TTM)

Towne Bank Dividend Yield (TTM)

Towne Bank dividend-yield-ttm | Towne Bank Quote

 

Cummins Inc. (CMI - Free Report) : This company that designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.2% over the last 60 days.

 

Cummins Inc. Price and Consensus

Cummins Inc. Price and Consensus

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

 

This Zacks Rank #1 company has a dividend yield of 2.06%, compared with the industry average of 0.71%. Its five-year average dividend yield is 2.88%.

 

Cummins Inc. Dividend Yield (TTM)

Cummins Inc. Dividend Yield (TTM)

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

 

Foot Locker, Inc. (FL - Free Report) : This athletic footwear and apparel retailer has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.2% over the last 60 days.

 

Foot Locker, Inc. Price and Consensus

Foot Locker, Inc. Price and Consensus

Foot Locker, Inc. price-consensus-chart | Foot Locker, Inc. Quote

 

This Zacks Rank #1 company has a dividend yield of 1.26%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.46%.

 

Foot Locker, Inc. Dividend Yield (TTM)

Foot Locker, Inc. Dividend Yield (TTM)

Foot Locker, Inc. dividend-yield-ttm | Foot Locker, Inc. Quote

 

See the full list of top ranked stocks here.

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

Zacks Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Cummins Inc. (CMI) - free report >>

Foot Locker, Inc. (FL) - free report >>

Costamare Inc. (CMRE) - free report >>

Towne Bank (TOWN) - free report >>

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