Best Income Stocks to Buy for August 19th

Here are two stocks with buy rank and strong income characteristics for investors to consider today, August 19th:

Kubota KUBTY: This company, which is the world's largest maker of small tractors and Japan's 2nd largest manufacturer of farm equipment, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

Kubota Corp. Price and Consensus

Kubota Corp. price-consensus-chart | Kubota Corp. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 1.4%, compared with the industry average of 0.9%.

Kubota Corp. Dividend Yield (TTM)

Kubota Corp. dividend-yield-ttm | Kubota Corp. Quote

Mercury General MCY: This insurance holding company, which is primarily engaged in writing personal automobile lines of business and providing related property and casualty insurance products, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days.

Mercury General Corporation Price and Consensus

Mercury General Corporation price-consensus-chart | Mercury General Corporation Quote

This Zacks Rank #1 company has a dividend yield of 1.2%, compared with the industry average of 0.8%.

Mercury General Corporation Dividend Yield (TTM)

Mercury General Corporation dividend-yield-ttm | Mercury General Corporation Quote

See the full list of top ranked stocks here.

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

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

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This article originally published on Zacks Investment Research (zacks.com).

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