HomeMost PopularTech StocksTop Income Stocks to Consider Buying on August 30th

Top Income Stocks to Consider Buying on August 30th

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For investors looking for strong income potential, here are three stocks worth considering on August 30th:

Mercantile Bank Corporation (MBWM)

This bank holding company for Mercantile Bank of Michigan has seen an 11.2% increase in its Zacks Consensus Estimate for current year earnings over the past 60 days. With a dividend yield of nearly 4%, this Zacks Rank #1 stock offers higher returns compared to the industry average of 3.7%. View Price and Consensus Chart

Lam Research Corporation (LRCX)

Lam Research Corporation, a leading manufacturer and service provider of semiconductor equipment, has experienced an 8.8% increase in its Zacks Consensus Estimate for current year earnings over the past 60 days. This Zacks Rank #1 stock has a dividend yield of 1%, surpassing the industry average of 0.7%. View Price and Consensus Chart

Frontline plc (FRO)

Frontline plc is a shipping company specializing in the seaborne transportation of crude oil and oil products. Over the last 60 days, its Zacks Consensus Estimate for current year earnings has increased by 4.1%. With a dividend yield of 15.4%, significantly higher than the industry average of 2.9%, this Zacks Rank #1 stock offers a lucrative income opportunity. View Price and Consensus Chart

For the full list of top-ranked income stocks, click here. Explore more top income stocks using our premium screens here.

Zacks Reveals ChatGPT β€œSleeper” Stock

Discover the potential behind a little-known company in the booming Artificial Intelligence sector. With an estimated economic impact of $15.7 trillion by 2030, this market presents a significant opportunity for investors. Download our free ChatGPT Stock Report and discover this high-growth stock along with four other β€œmust buys”.

Download Free ChatGPT Stock Report Now >>

Get the latest recommendations from Zacks Investment Research with our 7 Best Stocks for the Next 30 Days report.

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To read this article on Zacks.com, click here.

Disclaimer: The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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