February’s Top Income Stocks February’s Top Income Stocks

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As we navigate through the ever-shifting terrain of the stock market, certain companies rise to the occasion, offering investors a blend of stability and income potential. Today, we shine a spotlight on three such enterprises, each with a strong buy rank and robust income characteristics to consider as of February 5th:

1. TowneBank (TOWN)

TowneBank, the procurer of retail and commercial banking services, has experienced an encouraging trend in its Zacks Consensus Estimate for the current year, with earnings up by 4.4% over the past 60 days.

In addition, this esteemed company boasts a dividend yield of 3.6%, surpassing the industry average of 2.6%.

Towne Bank Price and Consensus

Towne Bank Price and Consensus

Towne Bank Dividend Yield (TTM)

Towne Bank Dividend Yield (TTM)

2. Ingredion Incorporated (INGR)

Coming up next is Ingredion Incorporated, a stalwart in starch solutions. With a 0.3% upsurge in the Zacks Consensus Estimate for next year’s earnings over the past 60 days, this company presents a compelling income opportunity.

Notably, the dividend yield stands at 2.8%, outperforming the industry average of 0.0%.

Ingredion Incorporated Price and Consensus

Ingredion Incorporated Price and Consensus

Ingredion Incorporated Dividend Yield (TTM)

Ingredion Incorporated Dividend Yield (TTM)

3. SJW Group (SJW)

Lastly, the SJW Group, specializing in water utility services, has witnessed a 3.9% surge in the Zacks Consensus Estimate for next year’s earnings over the last 60 days.

Maintaining a dividend yield of 2.7%, SJW Group continues to outshine the industry average of 2.3%.

SJW Group Price and Consensus

SJW Group Price and Consensus

SJW Group Dividend Yield (TTM)

SJW Group Dividend Yield (TTM)

Explore the full list of top-ranked stocks here. Additionally, uncover more elite income stocks with our premium screens.

Top 5 ChatGPT Stocks Revealed

Kevin Cook, Zacks Senior Stock Strategist, unveils 5 hand-picked stocks with substantial growth potential in the Artificial Intelligence sector. By 2030, the AI industry is predicted to have a staggering economic impact, likened to the reach of the internet and the iPhone combined, equating to $15.7 Trillion.

Today, you have the opportunity to invest in the future—a future characterized by automation that answers queries, admits fallibility, questions preconceived notions, and rejects inappropriate requests. As one of the selected companies aptly expresses, “Automation frees people from the mundane so they can accomplish the miraculous.”

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Please note that the views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.

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